Skymark Airlines (BC, Tokyo Haneda) is eyeing relisting on the Japan Stock Exchange (JPX) after exiting the bourse seven years ago. According to Japan's Kyodo news outlet, the airline has commenced the listing process. In 2019, Skymark Airlines initiated the process only to abandon it in 2020 after Covid grounded the business.
Since then, the low-cost carrier has continued to flirt with relisting. In 2021, Skymark President Hayao Hora told Japanese media that the airline was then planning to relist sometime in 2022. According to Kyodo, Japan's domestic airlines are now poised for an upswing in fortunes, with the country reopening to international tourists and a government-sponsored domestic travel subsidy program underway to encourage Japanese to travel. Skymark's losses are also declining.
The airline's key shareholders currently include the Integral investment fund (50.1%), a Development Bank of Japan and Sumitomo Mitsui Banking Corporation managed fund (33.4%), and ANA Holdings (16.5%). According to the ch-aviation PRO airlines module, Skymark's twenty-nine B737-800s fly to 12 Japanese destinations. ch-aviation data also reveals that the airline is offering just 3,717 seats in the week between November 7 and 13 inclusive or 0.15% of Japan's total available domestic capacity.