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Home  >>   Daily News  >>Myanmar>>Investment>>Japan’s ANA invests in new airline venture in Myanmar
NEWS UPDATES Asean Affairs     December 14,  2016  






Japan’s ANA invests in new airline venture in Myanmar

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, Bloomberg reported on 12 December.

ANA has a 49 percent stake and a local company holds the remainder. The companies made a combined initial investment of $150,000 in the venture, according to the report.

The Myanmar venture will start with a couple of airplanes and plans to increase the fleet, he said. ANA’s investment will rise as the venture adds aircraft.

The carrier restarted flights to Myanmar’s Yangon airport in 2013 and is the only airline to offer direct flights between Japan and the country.



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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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