Skymark (bankruptcy declared)
Dec 10, 2014, 11:39 am
#2
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Dec 11, 2014, 5:38 pm
#4
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So why should I help you for 5 years so you can be stronger and compete against me? Wouldn't a better alternative for NH is to let SKY go under and NH grab majority of the slots?
Dec 11, 2014, 6:09 pm
#5
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Even with the favorable regulatory climate, I think if NH tried that they'd have to cease their tie-ups with Starflyer, Air Do, etc. that allow them to indirectly control a majority of slots at HND.
Dec 11, 2014, 7:00 pm
#6
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I agree with armagebedar. Oddly, they will actually help Skymark compete. It's like the advertisement for every restaurant in the neighborhood. No one here seems to think it's a bad idea to spend money advertising their competitors or making weird tie-ups where you encourage people to try other area restaurants (i.e., their competitors).
Dec 12, 2014, 3:15 am
#7
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Will SKY go under? Would NH be able to grab the majority of HND slots, as lots of airlines would join the queue for these slots?
Dec 12, 2014, 3:55 am
#8
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These spots are for domestic use. There's only 2 domestic airlines really.
The gov't said Air Asia can't invest in skymark to get them.
Dec 12, 2014, 4:30 am
#9
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Dec 21, 2014, 8:41 am
#11
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9:26 pm, December 16, 2014
The Yomiuri Shimbun
Skymark Airlines has decided to begin code-sharing with Japan Airlines on flights connecting Tokyo’s Haneda Airport with three other major domestic airports — Fukuoka Airport, Naha Airport and Hokkaido’s New Chitose Airport — it has been learned.
The nation’s third-largest carrier is also considering a tie-up with All Nippon Airways — with which it began talks on Monday — not only on the three routes, but also for other flights connecting local cities, sources said.
Skymark plans to hold talks with the nation’s two biggest carriers about a proposal to designate code-sharing partners depending on routes or flights, according to the sources. However, it is unclear what conclusions the airline can reach.
http://the-japan-news.com/news/article/0001794175
The Yomiuri Shimbun
Skymark Airlines has decided to begin code-sharing with Japan Airlines on flights connecting Tokyo’s Haneda Airport with three other major domestic airports — Fukuoka Airport, Naha Airport and Hokkaido’s New Chitose Airport — it has been learned.
The nation’s third-largest carrier is also considering a tie-up with All Nippon Airways — with which it began talks on Monday — not only on the three routes, but also for other flights connecting local cities, sources said.
Skymark plans to hold talks with the nation’s two biggest carriers about a proposal to designate code-sharing partners depending on routes or flights, according to the sources. However, it is unclear what conclusions the airline can reach.
http://the-japan-news.com/news/article/0001794175
Last edited by Prospero; Dec 21, 2014 at 1:08 pm Reason: Shortened extract per rule on fair usage of copyrighted material. Pls follow link for full story
Jan 15, 2015, 7:56 pm
#12
Join Date: Mar 2007
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Current word on the street is that both JAL and ANA will codeshare with Skymark, and ANA intends to put its code on all Skymark flights from HND.
http://asia.nikkei.com/Business/Comp...th-ANA-and-JAL
http://asia.nikkei.com/Business/Comp...th-ANA-and-JAL
Jan 28, 2015, 3:40 am
#13
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http://www.reuters.com/article/2015/...0V743720150128
Latest rumor is that SKY will file for bankruptcy...
Latest rumor is that SKY will file for bankruptcy...
Jan 28, 2015, 5:48 pm
#14
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http://www.reuters.com/article/2015/...0V743720150128
Latest rumor is that SKY will file for bankruptcy...
Latest rumor is that SKY will file for bankruptcy...
Current CEO/president Shinichi Nishikubo has quit, and the board of directors has appointed Masakazu Arimori CEO/president.
Last edited by armagebedar; Jan 28, 2015 at 6:00 pm
Jan 28, 2015, 5:57 pm
#15
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Japanese carrier Skymark declares bankruptcy
Confirmed per the company's own press release as well as this Japanese article from AviationWire.
Current CEO/president Shinichi Nishikubo has quit, and the board of directors has appointed Masakazu Arimori CEO/president. Skymark intends to continue operations while reorganizing under Japanese bankruptcy law with approximately 71 billion JPY (605 million USD) in debt. They intend to receive financial support from Integral Co., Ltd., an investment fund.
Current CEO/president Shinichi Nishikubo has quit, and the board of directors has appointed Masakazu Arimori CEO/president. Skymark intends to continue operations while reorganizing under Japanese bankruptcy law with approximately 71 billion JPY (605 million USD) in debt. They intend to receive financial support from Integral Co., Ltd., an investment fund.