Skymark Airlines to keep Haneda landing slots in rescue deal
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
SKYMARK Airlines, the Japanese carrier that filed for bankruptcy protection, will keep its landing slots at Tokyo's Haneda airport as part of a rescue deal it struck with ANA Holdings, people familiar with the matter said.
ANA will invest in Skymark as part of the carrier's revival plan, taking a stake of less than 20 per cent, according to the people, who asked not to be identified as the information isn't public yet. A deal between the two companies is in its final stages of negotiations, they said.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore