Skymark Airlines revises FY2011 forecast, Jet Airways international traffic up 15.3% in Dec-2010

Skymark Airlines shares ended their upward run, with the company’s stock price dipping 3.8% in trading on Wednesday. Skymark released a downgraded profit forecast for FY2011, but stated it still expects to achieve an operating profit for 3QFY2011, on the back of steady increases in revenue.