18-Feb-2011 4:30 PM
Skymark signs firm order for A380s; Tiger closes lower on share sell-off
Analysis
Skymark Airlines CEO Shinichi Nishikubo reportedly stated the carrier has signed a firm order with Airbus for four A380s, with options for two more aircraft. The carrier plans to use the A380s to launch services to/from Tokyo to London, Paris and Frankfurt. Mr Nishikubo stated the carrier would remain an LCC despite its international expansion. Shares in Skymark were up 4% at the close of trading yesterday.
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