Myanmar National Airlines (UB, Yangon) will seek foreign investors to finance the upgrade of the carrier’s international fleet and it has also approached the Myanma Port Authority in this regard, Director U Myint Aung has told The Myanmar Times. The Myanmarese flag carrier has been unprofitable since its corporatisation in 2013 but hopes to post […]
Myanmar National to seek foreign funds for fleet upgrade
July 24, 2018 by Thiha
Filed Under: Latest News Tagged With: Air Bagan, Air Mandalay, Air Operator's Certificate, Aircraft, AOC, Apex Airlines, ATR aircraft, Avions de Transport Régional, B737 MAX 8s, commercial services, dca, Department of Civil Aviation, Director U Myint Aung, EASA, European Aviation Safety Agency, foreign funds, foreign investors, Fuel, international flights, Losses, maintenance costs, MNA, Myanma Port Authority, Myanmar, Myanmar air force, Myanmar National Airlines, Myanmar Times, profit, Singapore Seletar, SO, tourism season, UB, Yangon
Fuel prices, protectionism hobble Myanmar airline industry
July 6, 2018 by Thiha
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 […]
Filed Under: Latest News Tagged With: a director at MNA, Air Bagan, air operator certificates, AOC, Apex Airlines, Asian Blue JV, Asian Wings Airways, dca, Department of Civil Aviation, deputy CEO, Deputy Director General, domestic airline market, European Aviation Safety Agency, Fuel prices, General Secretary, Golden Myanmar Airlines, Golden Sky World, JV proposal, Lashio, Local airlines, local tycoon Serge Pun’s FMI Airlines, Malaysia’s AirAsia, MNA, monsoon season, Myanmar Aircraft Act, Myanmar airline industry, Myanmar market, Myanmar National Airlines, Pioneer Aerodrome Services, Puma Energy, Shwe Than Lwin, singapore, State-owned Myanmar Oil and Gas Enterprise, U Myint Aung, U Naung Naung Han, U Ye Htut Aung, U Zaw Min Aung, Union Minister of Transport and Communication, Union Of Myanmar Travel Association
