Will the Skymark reorganization pick the ANA proposal or AirAsia?

ANA (All Nippon Airways) today (February 23) submitted a bid to sponsor the reorganization of Skymark Airlines (Tokyo-Haneda). Today was the deadline set by Skymark’s financial adviser for any airline companies to submit any proposals to rescue the troubled airline according to ZipanguFlyer. In essence, ANA wants to reorganize Skymark as a feeder for ANA. A competing previous bid by AirAsia (Kuala Lumpur) would keep Skymark independent and would allow it grow its presence in Japan. Which way will Skymark and the court go?

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Copyright Photo: Michael B. Ing/AirlinersGallery.com. Skymark Airlines will reorganize around the Boeing 737. Boeing 737-86N JA737R (msn 35630) approaches the runway at Narita International Airport near Tokyo.

Skymark aircraft slide show: AG Airline Slide Show

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