Nov 15 (Reuters) - Star Flyer Inc <9206.T>:Says it plans to lease aircraft materials Airbus A320 from October 2018, with catalogue price of about 11.5 billion yen.Says it plans to take out loans of 2 billion yen in total in May 2018, and loans will be used as partial purchase fund.
Star Flyer Inc:To issue a year-end dividend of 20 yen per share, for the FY ended March 2016.Dividend issued to shareholders of record as of March 31.Dividend payment date June 23.Says the dividend amount is above the latest forecast of 0 yen per share.
Star Flyer Inc:Says the company increased the consolidated full-year outlook for revenue to 34,500 mln yen from 34,100 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 970 mln yen from 380 mln yen.Ordinary profit forecast increased to 1,680 mln yen from 1,180 mln yen.Net profit forecast increased to 1,420 mln yen from 820 mln yen.Earnings per share increased to 495.5 yen from 286.1 yen.Comments the steady growth in sales of core business as the main reason for the forecast.
Star Flyer Inc:Expects to record 350 million yen payment for contract cancellation as extraordinary loss for the fiscal year ending March 2015.
Star Flyer Inc:To sell an aircraft Airbus A320 to Sumitomo Mitsui Finance and Leasing Company, Limited at 3,619 mln yen and lease back, on May 28.
Star Flyer Inc:Appoints Sadami Matsuishi as new president, effective June 25.
Star Flyer Inc:Says Shinichi Yonehara will resign from president, on March 31.Says Makoto Takahashi will serve as acting president, effective April 1.
Star Flyer Inc:Sees extraordinary loss of 233 million yen on impairment loss of information system of international lines, as well as extraordinary loss of 201 million yen on business restructuring expense, for the fiscal year ending Mar. 31, 2014.
Star Flyer Inc:Says completed the early-retirement program, which was offered from Dec. 16, 2013 to Jan. 17.Says 26 employees took the offer and will resign on Mar. 31.Says the employees who took the offer will be provided with outplacement support.Says to expect extraordinary loss of 98 million yen on the retirement payment, for the fiscal year ending Mar. 2014.
Star Flyer Inc:Says it will start code-sharing with All Nippon Airways Co Ltd for a flight between Fukuoka and Chubu.