ANA Invests in Myanmar Airline Venture Planning International Debut in 2018

​​ ANA Holdings Inc. has invested in a new airline venture in Myanmar that aims to start international flights in 2018 as the Japanese carrier seeks to capture demand in Asia’s fastest-growing economy. ANA has a 49 percent stake and a local company holds the remainder, Shinya Katanozaka, CEO of Japan’s largest airline, said in […]

ANA Plans to Start Flights From Myanmar

​​ TOKYO – ANA Holdings Inc has invested in a new airline venture in Myanmar that aims to start international flights in 2018 as the Japanese carrier seeks to capture demand in Asia’s fastest-growing economy. ANA has a 49% stake and a local company holds the remainder, Shinya Katanozaka, chief executive officer of Japan’s largest […]

Foreign Investors Rethink Enthusiasm on Myanmar’s Aviation Sector

ANA’s Cancellation of Deal With Asian Wings Exemplifies Fading Interest YANGON, Myanmar—Once thought to be one of Myanmar’s most promising sectors, aviation is losing its shine with foreign investors, offering a window into the slowdown in investment into the country. With the number of visitors to the country expected to hit a record three million […]

Myanmar’s Aviation Industry Booms Despite Grim Safety Record

KONEMOE, Shan State — Htay Aung was riding pillion on a motorbike last Christmas morning, wending through the cool hills of eastern Burma, when Air Bagan Flight 11 came down on top of him. The Fokker 100—more than 24 tons of aircraft, plus 65 passengers and six crew—sheared its way through trees and power lines, […]