Myanmar-Japan joint venture applies for airline licence

Myanmar’s already cluttered airline industry could be about to welcome another carrier into its ranks. Japan’s ANA Holdings and Shwe Than Lwin-owned Golden Sky World have formed a joint venture and applied to set up an international airline, according to a transport ministry official. The joint venture submitted a “late application” to the outgoing government, […]

Japan carmaker Suzuki to build second plant in Myanmar

Tokyo (AFP) – Japanese automaker Suzuki plans to invest tens of millions of dollars to build a second plant in Myanmar, seeking to make quick inroads in the country’s growing market, a report said Saturday. The small-car maker has already secured a roughly 20-hectare (50-acre) plot at the Thilawa special economic zone southeast of Yangon […]

Asian Wings, ANA deal cancelled

A planned partnership between All Nippon Airways and a private Myanmar airline, Asian Wings, has been cancelled because of concerns over the viability of the project, the two sides announced on July 30. The two airlines signed a partnership agreement in August 2013 under which ANA, Japan’s largest airline group, was to pay US$25million for […]

Flying fish and the land of the rising sun

The possibility of fish products travelling to Japan on All Nippon Airline (ANA) flights is being discussed by fisheries associations, though shipping costs are the largest stumbling block, say officials. Flying the fish exports would mean higher prices in Japan, where the catch would be fresher than current exports which are refrigerated and sent by […]

Myanmar’s airlines face challenges as playing field expands and competition intensifies

Consult-Myanmar welcome you to the 27th SEA Games Myanmar, 11-22 Dec 2013 Myanmar’s aviation market has huge potential for both local and foreign carriers as the country has recorded some of the highest passenger growth rates in Asia since opening up in 2012. But there are also huge challenges, including infrastructure constraints, over-capacity and unprofitability. […]

ANA to acquire 49pc of Asian Wings

Japan’s All Nippon Airways (ANA) has announced it will acquire a 49 percent stake in a Myanmar airline, the latest foray into the rapidly-opening and potentially lucrative Southeast Asian market. Foreign firms have piled into Myanmar since the installation of a nominally civilian government in 2011, eager to make the most of opportunities in a […]

Airlines Scramble to Land in Myanmar, but Visas Still up in the Air

BANGKOK — Foreign airline companies big and small are falling over one another in a battle for landing rights in Myanmar to tap into Southeast Asia’s new and rapidly rising tourist destination. Myanmar may still be a long way behind its neighbor Thailand in visitor numbers, but since President U Thein Sein began opening up […]