Skymark Airlines expects first profit in three years in FY2015

Skymark Airlines released (28-Mar-2016) its medium-term management plan covering 2016 to 2018. For the year ending 31-Mar-2016, the carrier is forecasting revenue of JPY70 billion (USD620.7 million) and operating profit of JPY1.5 billion (USD13.3 million), its first profit after two consecutive years of operating losses. For FY2018 ending 31-Mar-2019, the carrier is predicting revenue of JPY80 billion (USD709.4 million) and operating profit of JPY7 billion (USD62.1 million). [more - original PR - Japanese]