Myanmar pushes ahead with new carrier, airport

Asia’s recently democratized nation, Myanmar (formerly Burma), is expanding its aviation capability with a new airline and the construction of an international airport. The new carrier, to be named Asian Blue Aviation, is joint venture (JV) between Japan’s full-service carrier All Nippon Airways (ANA) and Myanmar-based banking, infrastructure and telecoms company Golden Sky World, a […]

Yongnam, Changi Airport consortium is a step closer to Myanmar airport deal

A consortium comprising JGC Corporation, Yongnam Holdings and Changi Airports International has sealed a framework deal with Myanmar’s Department of Civil Aviation (DCA) to build and manage a new international airport in Yangon, Myanmar. The signing of the agreement marks an important step towards the eventual inking of the Hanthawaddy International Airport concession agreement, the […]

Asia World sells jade, mining, toll road businesses

Asia World Company, one of Myanmar’s largest conglomerates, has restructured its business, dropping its toll road, coal-plant, petrol station and mining interests, according to a company spokesperson. The aim is to “streamline operations and improve sustainability,” said the company in a statement. Asia World is owned by US-blacklisted businessman U Htun Myint Naing, who goes […]

Hotels in an empty capital

Myanmar’s new administrative capital, Nay Pyi Taw, has a mismatch in room supply and demand that is bigger than Kanye West’s ego. Greg Lowe reports why hotel groups are in there On first impression, Nay Pyi Taw is a model of efficiency: on arrival at the airport you can clear immigration, collect your luggage, change […]

Philippines Zest Airways to fly to Myanmar

SEOUL, South Korea—Budget carrier operator Zest Airways Inc. will soon expand its operations to include Myanmar, after it bagged a third of the recently acquired seat entitlements to the Southeast Asian nation. The Civil Aeronautics Board (CAB) earmarked 1,260 seats to Yangon for low-cost carrier AirAsia Zest, its CEO Joy D. Caneba said in an […]

Yangon to improve airport facilities

YANGON, 28 November 2013: Yangon International Airport’s domestic departure lounge will be replaced by an entirely new building over the next 18 months, authorities confirmed this week. Airport general manager, Win Ko said: “The departure lounge will be demolished and rebuilt. Until it is ready we will have to use the lounge provided for VIPs […]

Myanmar encourages visa-free travel between ASEAN nations

Consult-Myanmar welcome you to the 27th SEA Games Myanmar, 11-22 Dec 2013 Myanmar has invited ASEAN countries—except for Vietnam, which already has the policy—to allow visits by citizens from other ASEAN countries without requiring a visa, says the Ministry of Foreign Affairs. Myanmar will take over the ASEAN chair in the coming year and will […]

Land Prices Soar in Pegu Division with News of Major Airport Project

Land prices have skyrocketed in Pegu Division, northeast of Yangon, following the recent awarding of a contract to build a major new international airport there. After an announcement last weekend that South Korea’s Incheon International Airport Corp. had been selected to build the Hanthawaddy International Airport, which is expected to be Burma’s biggest international airport, […]