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 […]
Unable to break protectionist curse, FMI bites the dust
July 24, 2018 by Thiha
Filed Under: Latest News Tagged With: Air Bagan, Air KBZ, AirAsia’s CEO, Apex Airlines, Asian Blue JV, Asian Wings, Bagan, CAPA Centre, Daw Aye Mra Tha, Dawei, Department of Civil Aviation, Deputy Director General, domestic airline, domestic flights, European Chamber of Commerce, First Myanmar Investment Co., FMI Air, FMI Chair Serge Pun, foreign visitors, General Manager, Golden Sky World, Inle Lake, joint venture proposals, Kaw Thaung, Kaw Thaung and Thandwe, Kyaiktiyo, local firms, Ltd, Malaysia-based AirAsia, mandalay, Myanmar Airways International, Myanmar Times, Myeik, Nay Pyi Taw, Serge Pun and Associates, Shwe Than Lwin, Sydney, Thandwe, Tony Fernandes, U Ye Htut Aung, Yangon
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