Skymark Airlines now flies two Boeing 737-8 jets, and says the type is about 15% more fuel efficient than its current 737-800s. The company made the claim in its interim earnings release for the six months to 30 September 2026. It says it received Japan's first 737-8 in April and will phase in more to cut operating costs and CO2 emissions. The release does not say how many more aircraft are due or when, and the 15% figure is the company's own comparison.
Revenue up, costs close behind
Interim revenue was ¥59.0bn, up 7.5% and a record for a first half. Paid passengers rose 6.1% to 4,197,132, and the average fare rose 0.8% to ¥13,601. Operating expenses rose 6.9% to ¥57.4bn, with new-aircraft introduction costs among the causes. Operating profit rose 34.3% to ¥1.63bn and ordinary profit rose 140.3% to ¥1.18bn.
Net profit of ¥1.63bn, up 243.8%, includes a gain on the sale-and-leaseback of a spare aircraft engine, booked as an extraordinary gain of ¥462mn. Without it, net profit would sit closer to the ¥1.18bn ordinary line.
Currency loss and the balance sheet
In a separate notice, Skymark reported a ¥506mn foreign-exchange loss for July to September, mainly from revaluing foreign-currency assets at the quarter-end rate. A ¥183mn gain in the first quarter leaves the half-year loss at ¥323mn. The company says the figure will move with exchange rates.
The fleet build-out shows on the balance sheet. Total assets reached ¥130.6bn, with construction in progress up ¥7.47bn on new-aircraft introduction, and borrowings up ¥3.04bn for the same purpose. Net assets slipped to ¥33.45bn as deferred hedge gains fell ¥1.71bn, and the equity ratio fell to 25.6% from 28.0% at the end of March.
Full-year guidance is unchanged: revenue of ¥120.8bn, operating profit of ¥1.5bn, and ordinary and net profit of ¥800mn each. The release gives no reason why the full-year ordinary profit guide sits below the ¥1.18bn already booked in the first half.