Myanmar’s airlines face pressure at home and abroad

Underfinanced and often unprofitable, Myanmar’s airlines are in a fight for survival as competition heats up from rivals inside and outside the country. The sector has several factors in its favour – Myanmar is enjoying strong economic growth, fuel prices are low and the number of foreign tourists is rising. But by and large the […]

Myanmar Boom Wanes as Overcapacity Bites

When Myanmar opened to the world back in 2012, the country experienced a rapid expansion in air travel. Thirteen foreign airlines carried roughly 2 million international passengers. By 2014, the international market had jumped to 3.2 million passengers traveling with nine foreign airline groups, bringing the total number of international carriers to 22. But now the […]

New domestic airline to begin flights in March

A new domestic carrier, Apex Airlines, will be among the first in Myanmar to offer dynamic pricing when it starts flying next month, a senior company official says. Chief operations officer Selva Kumar said Apex’s first aircraft, an ATR 72-600, would arrive in Nay Pyi Taw in mid-February, with a launch planned for late March. […]

Tourism forum expects bright future for SE Asia

Tourism operators in Southeast Asia expect huge arrival numbers, while Thailand, Vietnam and Myanmar will play a great role in this. Travel experts predict a bright future for the hospitality industry in the region, with arrivals to surpass 100 million this year, up from 99.5 million in 2013 and compared with an estimated 109 million […]

Domestic airlines heat up Myanmar skies

MYANMAR’S airspace will see competition intensify as three domestic airlines commence or expand operations over the next few months. Brand new carriers Apex Airlines and Mann Yatanarpon Airlines are due to take flight soon, while FMI Air Charter will start more scheduled flights. A source from Apex told TTG Asia e-Daily that the company’s management […]