Tuesday, August 27, 2013

All Nippon Becomes First Foreign Carrier to Invest in Myanmar Market

Japanese carrier All Nippon Airways has announced plans to purchase a 49 percent stake in Myanmar-based Asian Wings Airways. It is the first investment in a Myanmar-based carrier by a foreign airline. Asian Wings has been a purely domestic carrier to date, but is scheduled to begin international operations later this year.

http://lawprofessors.typepad.com/aviation/2013/08/all-nippon-becomes-first-foreign-carrier-to-invest-in-myanmar-market.html

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