Business Lead Story News Politics Uncategorized
US govt fines Fokker $21 m for violating sanctions
Dutch aerospace firm has been hit with a US$21 million penalty by US government for violating trade sanctions.
Tagged: airlines
Two planes crash on runway at Rangoon airport
While taxiing the runway at Rangoon International Airport at about 6am on Monday morning, an A320 plane belonging to Golden Myanmar Airlines crashed into a stationary Myanmar Airways International plane.
Business Lead Story News Travel & Tourism
The battle for Burma’s crowded skies
With Burma’s eighth domestic airline taking to the skies last month and another three set to follow suit, the country’s civil aviation sector is overcrowded, and on the whole, unprofitable.
More
Business Business Weekly Lead Story News
Burma Business Weekly
Foreign firms bid for Thilawa SEZ; foreign investors invited into Rangoon housing market; new bidders call to re-tender for Hantharwaddy Airport; garment sector exports riding high; and Thai soda firm refuses to recall ‘fungus-ridden’ drinks.
Business Weekly Lead Story News
BURMA BUSINESS WEEKLY – 28 February 2014
Business in Burma this week: Japanese firm plans shopping mall for Rangoon; Inflation rate doubles; Eighth domestic airline takes to the skies; Chevrolet and Toyota to open showrooms in Rangoon.
MAI spreads its wings to Pusan
Myanmar Airways International launched its first charter flight from Pusan, South Korea, to Rangoon on Friday.
Lead Story News Travel & Tourism
Burma preps for tourist boom
Tourism is now the fifth-largest source of foreign direct investment in Burma. In a bid to attract further foreign investment, a second iteration of the Myanmar Hospitality and Tourism Conference was held this week in Rangoon.
UN to help Burma improve aviation technology
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.
Business Lead Story News Travel & Tourism
Thai airline encouraged to spread its wings in Burma
Burma yesterday urged Nok Air to expand its footprint in the country to cover the major cities of Naypyidaw, Mandalay and Bagan.
Japanese airline buys 49 percent share in Asian Wings
All Nippon Airways (ANA) announces that it has acquired a share in Asian Wings which currently flies to 13 cities in Burma and has plans for international flights starting October.
MAI flights cancelled at short notice
Jul 23, 2008 (DVB), Passengers waiting to fly to Burma from Bangkok’s Suvarnabhumi airport today were furious when Myanmar Airways International made a last-minute announcement that flights had been suspended.[…]
