16-Nov-2010 10:56 AM

Skymark to fund A380s with cash

Skymark Airlines stated it would use cash to purchase its A380 aircraft allaying concerns it may issue new shares to fund the purchases (Bloomberg, 15-Nov-2010). The first four aircraft will be financed through profits and leasing. The carrier added it may introduce 15 A380s as it expands its operations internationally.  

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