Myanmar’s Apex Airlines poised for takeoff in March

MYANMAR’S newest carrier Apex Airlines will begin operations in March, making it the 10th airline to add to the country’s small but rapidly growing aviation sector.

Based in Nay Pyi Taw, Apex Airlines will initially operate to domestic destinations such as Yangon, Sittwe, Dawei, Myeik and Kaw Thoung using a new ATR 72-600 aircraft.

“Our first ATR 72-600 aircraft will arrive in mid-February and we will start operations from end-March. We will receive a second aircraft between June and July, and the third aircraft will arrive between September to October,” Selva Kumar, COO of Apex Airlines, told TTG Asia e-Daily.

Explaining the decision to base the carrier in Nay Pyi Taw, Kumar elaborated: “Presently Yangon Airport is too crowded, so the ministry of transport suggested Nay Pyi Taw as a base. Nay Pyi Taw’s future airport will have good facilities and capable of accommodating many aircraft, and (the capital’s) many hotels and convention centers make it a good MICE destination.”

The airline has plans to expand to Myitkyina, Mandalay, Bagan, Thandwe, Heho, Kyaing Tong and Tachileik.

“We aim to fly international routes in 2016, not just to South-east Asia but also to South Asian destinations such as India and Bangladesh,” he added.

Myanmar currently has nine domestic airlines, namely Air Mandalay, Yangon Airways, Air KBZ, Mann Yadanarpon Airlines, Air Bagan, Asian Wings Airlines, FMI Air Charter, Golden Myanmar Airlines and Myanmar National Airways.

Source: TTG ASIA

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

If you are interested to be listed in our Service Provider Directory as a supplier of services or products that we can use to match with the needs of our clients in Myanmar please fill up the online form by clicking here