Skymark rescue package likely to be blocked by Airbus and Intrepid Aviation
Back on the 28th January this year, Tokyo-based Skymark filed for bankruptcy protection having failed to carve a profitable niche in Japan’s competitive low-cost flight market. The filing for bankruptcy protection was as a result of defaulting on their six-aircraft Airbus A380 order stage payments and Airbus’ subsequent actions in initiating proceedings against the airline. […]
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