News Videos
World
International Edition

Sunday

June 25, 2017

Breaking News, World News and Taiwan News.
About Us
E-Newsletter
Advertise
Contact Us

Shares of Skymark sink deeper after quarterly report shows loss

TOKYO--Shares in Skymark Airlines tumbled more than 10 percent Friday after the budget airline embroiled in a row with Airbus said its quarterly loss had ballooned.

Skymark Airlines fell 10.52 percent to close at 187.0 yen, adding to a string of sharp drops this week.

The stock has lost more than one third of its value, or 9.2 billion yen (US$90 million), since the row with Airbus came to light.

Airbus said on Tuesday it had cancelled a US$2.2-billion jet order from Skymark, even as the airline said it was still negotiating with the airplane manufacturer to "revise" the multi-plane order.

MOST POPULAR OF THIS SECTION
Advertise  |   RSS Feed  |   About Us  |   Contact Us
Home  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |  
Arts & Leisure  |   Health  |   Editorial  |   Commentary Travel  |   Movies  |   Guide Post  |   Terms of Use  |  
  chinapost search