Skymark shares sink deeper on quarterly loss
Saturday, 2 August 2014
TOKYO, Aug 01 (AFP): Shares in Skymark Airlines tumbled more than 10 per cent Friday after the budget airline embroiled in a row with Airbus said its quarterly loss had ballooned.
Skymark Airlines fell 10.52 per cent 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 ($90 million), since the row with Airbus came to light.