ANA has a 49% stake and a local company holds the remainder, Shinya Katanozaka, chief executive of Japan’s largest airline, said in an interview in Tokyo.
ANA Holdings has invested in a new airline venture in Myanmar that aims to launch international fights in 2018.
ANA has a 49% stake and a local company holds the remainder, Shinya Katanozaka, chief executive of Japan’s largest airline, said in an interview in Tokyo.
“Myanmar’s economic power is growing,” said Katanozaka. “We want to help contribute to the boom in business and overseas holiday travel from the new middle class.”
ANA restarted flights to Yangon in 2013 and is the only airline to offer direct flights between Japan and Myanmar.
ANA, which bought a stake in Vietnam Airlines Corp this year, is also considering adding flights across the globe, Katanozaka said.