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Japan's ANA Says Considering Investment In Bankrupt Skymark Airlines

Japan's biggest airline, ANA Holdings Inc, said it was considering injecting capital into Skymark Airlines Inc as part of a rehabilitation plan for the bankrupt domestic budget carrier, Reuters reported. Besides ANA, other investors have also expres ...

Daily Headline - global.abi.org - 02/23/2015 - 21:27 - 0 comments

Orix Offers To Join Skymark Airlines Rehabilitation Effort

Japanese financial services provider Orix Corp has expressed interest in participating in the reconstruction of budget airline Skymark Airlines Inc, two people familiar with the situation said. Skymark, which filed for bankruptcy last month and agreed on ...

Daily Headline - global.abi.org - 02/19/2015 - 21:37 - 0 comments

Japan Makes a Quick Exit From Its Latest Recession

Japan’s latest recession was as short as it was unexpected, the International New York Times reported. The Japanese economy, the world’s third-largest, started expanding again at the end of 2014, government data showed Monday, after a painful midyear ...

Daily Headline - global.abi.org - 02/16/2015 - 17:55 - 0 comments

Japan's Skymark To Seek Sponsors Besides Integral

Japan's Skymark airlines, which last week filed for bankruptcy protection, will seek other sponsors alongside investment fund Integral Corp to help turn its business around, Skymark and Integral said on Thursday. Skymark filed for protection from cr ...

Daily Headline - global.abi.org - 02/05/2015 - 22:27 - 0 comments

Japan's Skymark Airlines Seeks 'Business Sponsor' In Bankruptcy

Japan's Skymark Airlines Inc is looking for a "business sponsor" to help it emerge from bankruptcy, a move that could eventually give control of the fiercely independent budget carrier to its rivals. Japan's biggest budget airline, wh ...

Daily Headline - global.abi.org - 02/03/2015 - 22:50 - 0 comments

Japanese Carrier Skymark Files For Bankruptcy, Blames Airbus

Japan's leading independent budget airline Skymark Airlines Inc filed for protection from creditors late on Wednesday, blaming a weak yen and a dispute with Airbus Group for its financial straits, Reuters reported. The low-cost carrier had liabiliti ...

Daily Headline - global.abi.org - 01/28/2015 - 21:34 - 0 comments

Kuroda Remarks Open Possibilities for Shift in BOJ Stimulus

Governor Haruhiko Kuroda says the Bank of Japan may need to get creative in any further monetary stimulus. Among options analysts highlight: regional-government bonds, a type of security that could aid public support. Kuroda, speaking in an interview wit ...

Daily Headline - global.abi.org - 01/25/2015 - 21:38 - 0 comments

Japanese Company Bankruptcies in 2014 Fewest Since Bubble Era

Japanese corporate bankruptcies fell in 2014 to the lowest level since the final year of Japan’s asset bubble, as a government request for banks to alter loan conditions for smaller firms helped companies stay afloat, Bloomberb News reported. Business fa ...

Daily Headline - global.abi.org - 01/13/2015 - 00:42 - 0 comments

Japan Unveils $29 Billion Stimulus Package

increase Japan’s gross domestic product 0.7 percent. Given Japan’s dire public finances, the government ...

Daily Headline - global.abi.org - 12/28/2014 - 19:44 - 0 comments

Japan Recession Deeper Than First Thought as Election Looms

was also below every forecast in a Bloomberg News survey that showed a median 0.5 percent decrease. ...

Daily Headline - global.abi.org - 12/07/2014 - 21:36 - 0 comments

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