HomeLatestSkymark eyes logistics enterprise following main tie-up

Skymark eyes logistics enterprise following main tie-up

TOKYO, Nov 14 (News On Japan) –
Japanese low-cost airline Skymark is trying to enter the logistics market following Suzuyo Holdings transfer to turn out to be the airways largest shareholder.

Suzuyo Holdings, moreover logistics, additionally operates airline companies on regional routes equivalent to in Shizuoka and can turn out to be the biggest shareholder of Skymark by buying roughly 13% of its shares as of Nov 14.

Skymark President Jun Horidome mentioned his firm has been working with the Suzuyo Group, together with outsourcing some floor companies at airports, and would take into account additional collaboration if “it’s a win-win situation”.

Regarding ANA Holdings, which continues to be the second-largest shareholder, Horidome indicated that whereas they’re rivals by way of enterprise operations, they cooperate in upkeep and floor companies, stating that “this aspect will not change at all.”

Skymark reported its highest-ever enterprise income in its half-year outcomes, pushed by robust home passenger demand.


Source

Latest