Loading
Recorded at CAPA LCCs in North Asia, 13-14 Jun 2017

Skymark Airlines Update

Skymark Airlines is balancing minority owner ANA while planning for an IPO in two to three years. Skymark plans to grow its all-737 fleet from 26 aircraft to 28 or 29 within two years. Skymark wants to enter the international market and is evaluating what foreign destinations and local departure points would be best.

Transcript

Masahiko Ichie:Now the fleet of Skymark consists of 26 Boeing 737-800s, and in the 2 years we are planning to increase 2 Or buy two or three new planes, same with now. So it means B three, B three eight hundred, right? So the total number would be twenty eight or twenty nine in two years. And now we're planning after the fleet plan after two thousand twenty. It's now we're thinking now. They are much comp. Especially in Asia districts, so price competition is increasing too much. So we want to go abroad, but we have to choose the destination. But and from which airport is important. SkyMark uses ten Japanese airports. Yes. So. From where to where we have to choose good ground. Yeah. So I don't have idea such like many Japanese companies to go to, for example, Shanghai or Beijing. It's very crowded. Many company goes. I want to find another city. Yes. Other than the SkyMak is now on the 70 approximately 17% by ANA. Okay, but not so obviously. Skymark is the third party in Japanese airline industries, the third largest one. So I believe the competition is very important for consumer, passenger. So the existence of Skymark is very important. And independent Skymark is very important for customers. And I think customer supporters now Number of passenger is increasing very much. Yes, last year number of passenger increased more than 13%. Yes, and in domestic. At the same time, we have to go public IPO in two or three years. Yes, for that for that purpose independence is important for us. Yeah.

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More