18-Apr-2011 4:39 PM
Skymark: Unit costs 30-40% lower than that of major Japanese carriers
Analysis
Skymark Airlines held its mid-term plan explanatory meeting held on 12-Apr-2011. The carrier reported its expanding fleet is reducing unit costs - now 30% to 40% lower than major Japanese carriers - and increase productivity. The airline's unit cost (CASK) was JPY8.2 (USD 9.80 cents) in Mar-2011, down from JPY10.62 (USD 12.69 cents) in Mar-2009 and JPY9.5 (USD 11.35 cents) in Mar-2010. while All Nippon Airways shares rose 1.3% higher.
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