Japan's Skymark says it will seek sponsors besides Integral
[TOKYO] Japan's Skymark airlines, which has filed for bankruptcy protection, said on Thursday it would seek sponsors to help it restructure its businesses besides a private equity firm Integral Corp.
Skymark, which agreed with the Japanese investment fund Integral for sponsorship to turn its business around, said that it would seek a co-sponsor which could provide various assistance to the company as it draws restructuring plans.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Tesla’s plan for affordable cars takes page from Detroit rivals
Toyota is investing US$1.4 billion to build another all-electric SUV in US
Airbus net profit soars 28% in first quarter
AirAsia discloses new listing plans under RM6.8 billion units merger
Baltimore’s trapped ships start leaving as new channel opens
S&P slashes Boeing credit outlook as rating hovers above junk status