Myanmar Government seeks airline mergers

The Myanmar government wants its local airlines to merge in an effort to mitigate competition for a shrinking market after five airlines—Asian Wings Airways, FMI Air, Apex Airlines, Air Mandalay, and Air Bagan—suspended operations over the past 15 months, AINonline reported.

The carriers operated mainly domestic fights. High fares and a poor economy coupled with poor passenger loads all contributed to the suspensions.

More News

More than 650 businesses have attended a webinar held by the British Chambers of Commerce (BCC) to get more detail on US tariffs.
In light of the recent earthquake and its impact on our communities, the British Chamber of Commerce Myanmar is donating 6 million MMK to support the...
The UK is now providing up to £25 million for vital humanitarian assistance in Myanmar.
Connect. Develop. Grow.