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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 […]

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 […]

Airline stops Yangon to Kathmandu flights

The Nepal-China joint venture Himalaya Airlines has stopped direct flights between Yangon and Kathmandu a little over a year after they began due to low passenger volume, the airline’s representative in Myanmar told The Myanmar Times on Thursday. Himalaya Airlines had offered the flight twice a week since March 2017, then it suspended the flights […]

Japan mulls resuscitating failed Hanthawaddy airport proposal

Japan and Myanmar are in discussions about resuscitating the failed Hanthawaddy International Airport project, according to the transport minister. U Thant Sin Maung, Minister for the Ministry of Transport and Communication, held a meeting with Tsukasa Akimoto, Japan’s State Minister of Land, Infrastructure, Transport and Tourism in Park Royal Hotel, Yangon, on April 30. The […]

AirAsia in talks to set up Myanmar airline

Tony Fernandes’ AirAsia Bhd is in talks with a potential partner to open an airline serving Myanmar, in a move that would help the low-cost carrier cover up to 95 per cent of the Southeast Asian travel market. In an interview with Reuters on Monday, the airline’s group chief executive said he also expected AirAsia’s […]

License snub prompts ANA to ditch Asian Blue Myanmar airline venture

YANGON – Japan’s ANA Holdings Inc has dropped a plan to form a joint venture in Myanmar, the airline said on Monday, after its application for an air operator’s certificate (AOC) was rejected by the authorities in the Southeast Asian country. ANA established the Asian Blue joint venture last year with local investor Golden Sky […]

Myanmar pushes ahead with new carrier, airport

Asia’s recently democratized nation, Myanmar (formerly Burma), is expanding its aviation capability with a new airline and the construction of an international airport. The new carrier, to be named Asian Blue Aviation, is joint venture (JV) between Japan’s full-service carrier All Nippon Airways (ANA) and Myanmar-based banking, infrastructure and telecoms company Golden Sky World, a […]

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, […]