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Skymark secures ¥50 billion in emergency financing to weather pandemic

via The Japan Times    Aug 01, 2020
Credit : JIJI

Skymark Airlines has secured up to ¥50 billion in financing to prepare for a second coronavirus crisis, it was learned Saturday.

Skymark has agreed with creditor banks to extend the repayment deadline for an outstanding ¥30 billion loan and establish a ¥20 billion credit line, informed sources said.