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Rumour claims four domestic airlines stop their services

Rumours surfaced that four domestic airlines including Air Bagan and Apex Airlines had stopped their services. The alleged four are Air Bagan, Apex Airlines, Asian Wings Airways and FMI Air. Deputy Director General Ye Htut Aung from Department of Civil Aviation said on July 16, “It is true that Air Bagan and Apex Air have […]

Fuel prices, protectionism hobble Myanmar airline industry

Myanmar’s once lucrative airline industry is struggling to stay afloat with many carriers already halving their fares to draw more passengers. A shortage of modern infrastructure and high import bill is driving up the price of jet fuel, making it exceedingly difficult for many local airlines to keep their fleets airborne. Already, the Department of […]

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 […]

ANA – Asian Wings: Airline tie-up plans await okay for take-off

Plans for Japan’s largest airline to acquire a stake in Myanmar’s Asian Wings Airways for US$25 million are still to receive government approval, the Myanmar company’s chief executive has stated. Information about All Nippon Airways (ANA) Holdings’ move into the Myanmar airline business leaked ahead of schedule last week, causing a hastily-assembled press conference in […]

ANA to acquire 49pc of Asian Wings

Japan’s All Nippon Airways (ANA) has announced it will acquire a 49 percent stake in a Myanmar airline, the latest foray into the rapidly-opening and potentially lucrative Southeast Asian market. Foreign firms have piled into Myanmar since the installation of a nominally civilian government in 2011, eager to make the most of opportunities in a […]