Myanmar is expanding its aviation capability with a new airline and the construction of an international airport, industry website Air Transport World reported on 11 May.
The new carrier, to be named Asian Blue Aviation, is a joint venture (JV) between Japan’s full-service carrier All Nippon Airways (ANA) and Myanmar-based banking, infrastructure and telecoms company Golden Sky World, a subsidiary of Myanmar conglomerate Shwe Than Lwin Co.
In addition, construction of a new international airport at Hanthawaddy, Bago, is scheduled to start in late 2016. The new airport will be 49% funded by a $0.75 billion Official Development Aid loan from the Japanese government the report said.