The Yangon Regional Government has offered the Myanmar Licensed Contractors Association (MLCA) the right to buy 200 school buses and operate a business transporting schoolchildren, U Kyaw Win, chair of the association, said on October 7. If accepted, the move will involve establishing a separate entity to run the operation under a public-private-partnership (PPP). It […]
Unable to break protectionist curse, FMI bites the dust
July 24, 2018 by
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 […]
Airline stops Yangon to Kathmandu flights
May 25, 2018 by
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 […]
Yangon MPs Condemn Large-Scale Housing Project
January 5, 2018 by
Yangon Region MPs have heavily criticised the Eco Green City housing project to be built in Bago Township for failing to submit detailed plans. Dagon Township’s MP Kyaw Zayya claimed that even though everyone knew about the 1,400-acre-plus project and that Shwe Than Lwin group was behind it, not once has it been properly handled […]
License snub prompts ANA to ditch Asian Blue Myanmar airline venture
November 10, 2017 by
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 […]
New airline routes begin to crowd Myanmar’s sky
October 10, 2016 by
YANGON — Asian airlines are looking to expand to Myanmar, eyeing not just business passengers but also the rising middle class there, who are beginning to travel for pleasure. Budget carrier HK Express on Sept. 1 kicked off a direct Hong Kong-to-Yangon route that flies four times a week. Other carriers, such as Myanmar National Airlines, already provide such […]
Myanmar-Japan joint venture applies for airline licence
March 17, 2016 by
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, […]
