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Myanmar’s airlines face pressure at home and abroad

Underfinanced and often unprofitable, Myanmar’s airlines are in a fight for survival as competition heats up from rivals inside and outside the country. The sector has several factors in its favour – Myanmar is enjoying strong economic growth, fuel prices are low and the number of foreign tourists is rising. But by and large the […]

Myanmar-Japan joint venture applies for airline licence

Myanmar’s already cluttered airline industry could be about to welcome another carrier into its ranks. Japan’s ANA Holdings and Shwe Than Lwin-owned Golden Sky World have formed a joint venture and applied to set up an international airline, according to a transport ministry official. The joint venture submitted a “late application” to the outgoing government, […]