Despite rising global oil prices, domestic airlines have no plans yet to raise airfares to compensate for higher jet fuel costs. They said this will help encourage domestic air travel while the number of foreign travelers within the country is still low. “We haven’t increased our fares even though fuel costs have risen. We have […]
Unable to break protectionist curse, FMI bites the dust
July 24, 2018 by
FMI Air became the third domestic airline to throw in the towel on July 20, after more than five years in operation. Amid the winding up of joint venture proposals and local firms, this is the latest alarm that businesses are running out of patience with the government’s rigid protectionism in the aviation industry. “Operating […]
Myanmar’s two domestic airlines stop operations
July 23, 2018 by
YANGON, July 18 (Xinhua) — Myanmar’s two domestic airlines Air Bagan and Apex Airlines have stopped their operations, surrendering their air operator’s certificates (AOC) to the authorities recently, local 7Day Daily reported Wednesday. Shortage of aircrafts and economic loss forced the domestic airlines to stop their operations. In accordance with Myanmar Aviation Act, the airlines […]
Business Mogul Tay Za Makes Surprise Appearance at SEA Games
August 21, 2017 by
YANGON — In his first public appearance for years, business mogul U Tay Za presented US$10,000 to the Myanmar men’s football team on Monday after the team beat Singapore in the 29th SEA Games in Malaysia. According to sources, U Tay Za has been in Malaysia since Sunday, together with his son Ko Pyae Phyo […]
Air Bagan Temporarily Ceases Operations
August 24, 2015 by
Local carrier Air Bagan has temporarily suspended its operations in order to perform maintenance on its fleet of three airplanes. Air Bagan, which was established in 2004, has difficulties in buy or lease more aircraft due to US economic sanctions, or acquire necessary spare parts for its two ATR42-320s and one ATR72-500 aircraft, resulting in […]
Myanmar’s flag carrier returns overseas with Yangon-S’pore route
August 19, 2015 by
SINGAPORE: After a 22-year hiatus, flag carrier Myanmar National Airlines (MNA) on Monday (Aug 17) resumed flying overseas as it launched its international flight from Yangon to Singapore, despite other Myanmar airlines having struggled to compete with Singaporean carriers on the highly competitive route. The re-christened Myanmar flag carrier, formerly known as Union of Burma […]
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