BUSINESS — Myanma Airlines to lease 10 Boeing 737 planes

State-owned Myanma Airlines has signed an agreement to lease 10 new Boeing 737 aircraft from American company GE Capital Aviation Services. The first of the new planes, worth US$96m each, will be delivered in 2015. Myanma Airlines currently focuses on domestic travel, relying on Fokker F28 jets and propeller-powered ATR Turboprops and Cessnas. The lease agreement will give Myanma Airlines the potential to introduce international services to Korea and Japan, transport minister Nyan Htun Aung said in a statement.