Myanmar Airways to sign with France’s ATR

The state-owned Myanmar Airways will sign an agreement with ATR Company from France to buy six new planes and open a repair station in Myanmar.

“An MoU agreement was already signed on May 6 and the next stage is to sign an agreement at the Attorney General’s Office,” said Than Htun, managing director of Myanmar Airways.

Many local airlines in Myanmar use planes manufactured by ATR. Whenever they need to be repaired, they have to go to ATR repair stations in Malaysia or Singapore. The agreement will allow ATR to service both local and foreign airlines in Myanmar.

Myanmar Airways will also buy six more ATR 72-600 aircrafts from ATR Company.

The state flagship airline has been operating since 1948 and currently flies to 26 cities with a fleet of nine passenger aircrafts – three ATR-72, one ATR-42, three Beech 1900D and two Embraer 190. They also have two cargo planes, one MA 60 and one F-28.

Source: Myanmar ELEVEN

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here