Skymark profits surge in 1QFY2012 with full-year growth expected

Skymark Airlines, Japan’s third largest carrier, expects its profitable run to continue in FY2012, maintaining its profit forecast, upon the release of its 1QFY2012 financial results, with the carrier not feeling the impact of the 11-Mar-2011 earthquake and tsunami as did larger competitors ANA and JAL. [1472 words]

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This report contains the following subheadings:

• Haneda-Fukuoka is largest sector, followed by Haneda-Kobe and Haneda-Sapporo
• Increases A380 order to six as part of ambitious growth plans
• Skymark to become dual-model airline
• Seeking to create competitive environment in Japan market

This report contains the following charts and tables:

• Skymark revenue up 54% – financial highlights for the three months ended 30-Jun-2011
• Skymark Airlines Passenger Numbers (2009 to 2011)
• Skymark Airlines Load Factor (2009 to 2011)
• Tokyo Haneda Airport capacity (seats per week, to/from) by carrier (01-Aug-2011 to 07-Aug-2011)
• Fukuoka Airport capacity (seats per week, to/from) by carrier (01-Aug-2011 to 07-Aug-2011)
• Osaka Kobe Airport capacity (seats per week, to/from) by carrier (01-Aug-2011 to 07-Aug-2011)
• Nagoya Chubu Centrair International Airport capacity (seats per week, to/from) by carrier (01-Aug-2011 to 07-Aug-2011)
• Skymark Airlines fleet profile: Aug-2011