ANA Holdings, Inc. (ANA-All Nippon Airways) (Tokyo) is planning to acquire a 49 percent stake in Asian Wings Airways (Yangon) in Myanmar (formerly Burma) according to a report by Reuters and the Nikkei Business Daily.
According to the report, ANA will acquire the stake for around $30.5 million.
Read the full report: CLICK HERE
Asian Wings began operations on January 27, 2011 and currently operates three ATR 72-500s and one ex-Alitalia Airbus A321-100 on domestic flights in Myanmar.
Current Routes from Yangon: