AirAsia CEO says talks on opening Burma airline ‘have stopped’
Talks between AirAsia Group Bhd and a partner to open an airline in Burma have stopped, the group’s chief executive told reporters on Tuesday.
Talks between AirAsia Group Bhd and a partner to open an airline in Burma have stopped, the group’s chief executive told reporters on Tuesday.
Tony Fernandes’ AirAsia Bhd is in talks with a potential partner to open an airline serving Burma, in a move that would help the low-cost carrier cover up to 95 percent of the Southeast Asian travel market.
Japan’s ANA Holdings Inc has dropped a plan to form a joint venture in Burma, the airline said on Monday, after its application for an air operator’s certificate (AOC) was rejected by Burmese authorities.
|
|
---|
|
|
---|
Business Lead Story News Travel & Tourism
The space-based system would allow Burma’s civil aviation authority to monitor air traffic over remote areas without increasing investment in on-the-ground infrastructure.
The UN’s aviation agency has agreed to help modernise Burma’s airline industry by providing technical assistance to the government, state media reported on Tuesday.