ANA to take stake in bankrupt Skymark in restructuring

ANA to take stake in bankrupt Skymark in restructuring

Toyoyuki Nagamine (far R), senior executive officer of ANA Holdings Inc., and Nobuo Sayama (2nd from R), representative director of Tokyo-based investment fund Integral Corp., attend a press conference at the transport ministry in Tokyo on April 22, 2015, along with executives of bankrupt Skymark Airlines Inc. Skymark said ANA Holdings, parent of Japan's biggest airline All Nippon Airways Co., will take a 19.9 percent stake and pick its new president as part of a restructuring of its operations. Integral, which has already signed a sponsorship agreement with the airline, will hold a 50.1 percent stake in the restructured airline, and unnamed entities will hold the remaining 30 percent. (Kyodo) ==Kyodo

Skymark creditors endorse restructuring plan with ANA support

Skymark creditors endorse restructuring plan with ANA support

(From R) ANA Holdings Inc. Senior Executive Officer Toyoyuki Nagamine, investment fund Integral Corp. Representative Director Nobuo Sayama and Skymark Airlines Inc. Chairman Takashi Ide attend a press conference in Tokyo on Aug. 5, 2015, after the creditors of bankrupt Skymark endorsed the carrier's plan to rehabilitate with the support of industry leader ANA. (Kyodo) ==Kyodo

ANA to take stake in bankrupt Skymark in restructuring

ANA to take stake in bankrupt Skymark in restructuring

(From L) Skymark Airlines Inc. Chairman Takashi Ide, investment fund Integral Corp. Representative Director Nobuo Sayama and ANA Holdings Inc. Senior Executive Officer Toyoyuki Nagamine attend a press conference in Tokyo on May 29, 2015, as the bankrupt airline submitted to a court a restructuring plan. (Kyodo) ==Kyodo