fbpx

Air KBZ to resume Myeik, Sittwe flights

Air KBZ will resume flights to Myeik and Sittwe from May 1 onwards. The airline had suspended flights to Myeik for three years and to Sittwe for one. It will now resume flights on these routes on the back of higher demand. Domestic tour operators confirmed that the number of local visitors to Mergui Archipelago […]

US$96 million for first phase upgrades of three airports

A raft of agreements between the government and private firms are expected to be signed this month for the upgrading of three regional airports to international standards. The three airports concerned – Heho airport in Shan State, Mawlamyine airport in Mon State and Kawthaung in Tanintharyi Division – will be upgraded to boost regional development […]

Domestic airlines will not raise airfares yet despite rising fuel prices

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

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 […]

Mandalay Int’l Airport received over 1 million passengers last year

More than a million local and foreign passengers entered Mandalay International Airport last year exceeding the number of 2016, according to sources from the Department of Civil Aviation. In 2017, domestic airlines such as Myanmar National Airlines, Air Mandalay, Air KBZ, Asian Wings Airways, Myanmar Airways International, Yangon Airways, Shwe Myanmar Airlines, Mann Yadanabon Airlines […]

Local airlines squeezed by expensive petrol and taxation

In Myanmar, there are 10 domestic airlines and 58 planes in total which are serving local and international passengers. Compared with the rest of ASEAN, flights are rather costly, according to local airlines and the Union of Myanmar Travel Association (UMTA). “During rainy season, only three out of 10 airlines can run. The main problem […]

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 […]

Airlines rely on local customers

Domestic airlines mainly depend on local travellers as tourist arrivals decline during the rainy season, sources say. Myanmar has 10 domestic airlines including Air Bagan, Air KBZ, Air Mandalay, Yangon Airways and Golden Myanmar Airlines. Most cater services to serve tourism, flying round the main tourist destinations like Yangon, Mandalay and Bagan. The monsoon season […]

Southeast Asian Payments Provider 2C2P Raises $7 Million From Amun Capital and Japan’s GMO Venture

2C2P, a leading Southeast Asian payment services provider, has landed $7 million in Series C funding from Hong Kong’s Amun Capital and Japan’s GMO Venture Partners. That brings total funding for the 12-year-old company to $10 million. 2C2P will use the funds to make senior hires and to expand its “cards, cash and cash equivalent […]

Upgrades needed if Nay Pyi Taw is to develop as a tourism destination

The Ministry of Hotels and Tourism has announced a number of moves designed to promote Nay Pyi Taw as a tourist destination, but industry insiders say there is a ways to go before the capital attracting many holidaymakers. Initiatives are targeted at promoting the capital as a destination for MICE – Meetings, Incentives, Conferences and […]