Connect with us

Business

The mystery of Myanmar’s missing airlines

The Thaiger

Published

on

The mystery of Myanmar’s missing airlines | The Thaiger

PHOTO: Asian Wings Airways

Any trip on a local airline usually means planes either full or mostly full. But some of Myanmar’s smaller local airlines have been struggling through this year’s wet season along with a drop in tourism to the country of around 6% for the past 12 months.

At least three airlines appear to have thrown in the towel suspending services without explanation or advance notice. Local newspapers in Myanmar claimed Asian Wings Airways, Apex Airlines and FMI Air have suspended services since July.

Sources claim they were crippled by the country’s high fuel cost and a decline in passenger demand during the monsoon season.

Myanmar has around 11 airlines registered for commercial operations with a nation-wide fleet of 60 aircraft.

Asian Wings Airways, one of the airlines identified in local media reports as having scotched services struck back saying it was still operating.

“It is not true that our airline returned its AOC. We are still running our flights,” public relations Manager Yin Myo told Eleven Myanmar.

However, Asian Wings Airways’ website has been stripped of all content, although the various homepage tabs remain. Even the contact section of the website is empty and the booking engine returns the message “no flights available.”

If it is still flying, as its PR director claims, it is not picking up any bookings from its website.

Eleven Myanmar quoted the Department of Civil Aviation deputy director general, Ye Htut Aung saying: “It is true that Air Bagan and Apex Air have returned their air operator’s certificates (AOC). The rest have not turned them in yet.”

FMI Air suspended all of its services on July 20 after six years operating domestic flights.

A company spokesperson confirmed the decision claiming it was due to unrelenting and unrealistic cost pressures on Myanmar’s domestic aviation industry.

Apex Airlines was also identified by local media and the DCA for suspending all of its services, but the airline’s website offers a glimmer of hope as its booking engine continues to function although it returns the message “no available flights”. Website content has not been scrubbed, but it omits to say why passengers cannot locate any bookable flights.

To complete the picture Air Mandalay is still operating services, although a check of its website showed that it was not taking bookings for flights from Yangon to Tachilek and Myitkyina in August.

Myanmar National Airlines, the country’s national carrier, launched a new service linking Yangon and Phuket in March and within two months dropped the service claiming traffic was insufficient. It hopes to reinstate the twice-weekly service this October.

The problems reflect the state of aviation in Myanmar where there are far too many airlines to serve a market of 3 million domestic passengers and no more than 400,000 foreign tourists.

Domestic airfares are among the most expensive in the region blamed mainly on high fuel costs and government taxes.

SOURCE: ttrweekly.com


Do you need help with your business? Are you searching for a new job? Or an employer looking to hire? Try Thaiger Jobs today.

If you have story ideas, a restaurant to review, an event to cover or an issue to discuss, contact The Thaiger editorial staff.

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Thai economy’s growth in 2018 projected at 4.5% – World Bank

The Thaiger

Published

on

Thai economy’s growth in 2018 projected at 4.5% – World Bank | The Thaiger

Things are looking up for more economic smiles in the Land of Smiles with more positive news coming out of the World Bank. Projections are being revised upward, again.

The World Bank says it’s adjusted its projections for Thailand’s economic growth upward, for the whole of 2018, to 4.5%, from the previous projection of 4.1%. The announcement comes from Kiattiphong Ariyapratchaya, a senior economist of the World Bank in Thailand.

He says the government’s serious implementation of large-scale investment projects is part of the contribution to the rise in Thailand’s gross domestic product (GDP) projection this year.

These mega projects as well as the Thai government’s efforts to revamp the country’s economy by overhauling the taxation system were seen as key factors contributing to Thailand’s economic growth this year, he said.

The Thai economy was regarded by the World Bank as being very strong given the fact that it remains in good shape and with least volatility in its foreign currency exchange situation during the past Turkish economic crisis, he said.

Other countries in the same region such as Malaysia, Indonesia and the Philippines were far more seriously affected by the Turkish economic crisis, he said.

Thailand also has massive current account surplus while inflation remains at a low level, he said.

The financial sector is also viewed as having high security with public debts accounting for only 43% of the GDP and ample foreign reserves, he said.

The World Bank, however, projected that Thailand’s economic growth will slow down in 2019 and 2020 when the GDP is expected to grow by only 3.9%, due to some signs of a slowdown in export, he said.

Continue Reading

Business

Pattaya’s hotel performance rebounds as EEC drives positive market sentiment

Bill Barnett

Published

on

Pattaya’s hotel performance rebounds as EEC drives positive market sentiment | The Thaiger

Domestic tourism growth outshines Mainland China and Russia source business

Thailand’s second largest tourism market, Pattaya has pushed through the glass ceiling from the volatility hangover of the 2014 era, with its hotel sector now showing strong signs of rising stability. According to the latest available data, strong demand from the Thai domestic sector accounted for 38% of hotel guests at Chonburi province accommodation establishments.

Greater Pattaya’s expanding gateway aviation hub U-Tapao International Airport has been a critical stimulator of demand, where passenger arrivals over a three-year period rose at a compound annual growth rate (CAGR) of 79% according to a new report from consulting group C9 Hotelworks.

One key infrastructure investments in the area has the Thai government finalising plans for high-speed rail links between U-Tapao and Bangkok’s two airports, Suvarnabhumi and Don Mueang, which is undoubtedly a game changer for the Eastern Seaboard area. New international routes into U-Tapao grew dramatically through the past three years as airlift arrivals increased significantly with a CAGR of 59%.

Pattaya’s hotel performance rebounds as EEC drives positive market sentiment | News by The Thaiger

Translating airlift into hotel metrics, global data provider STR recorded an 8.7% year-on-year spike in key indicator RevPAR at the end of 2017.  By mid-2018, market-wide occupancy hit 77.9%. While the current number of accommodation establishments in Chonburi province is 1,046 with 81,607 keys, most of the growth is centered in Greater Pattaya.  C9 Hotelworks report shows 11 new hotels in the development pipeline which accounts for 2,645 additional rooms.

Speaking about the incoming supply, C9’s Managing Director Bill Barnett said “there is a substantial influx of branded select service and economy hotels including Holiday Inn Express, OZO, COSI and Citadines which are targeted at not only Mainland China and India but regional Southeast Asian markets.

The impact of this new supply in the short to medium period will take time to absorb and likely create rate issues in the economy and midscale tiers, until such time as the EEC (Eastern Economic Corridor) development becomes more pronounced. Though at the same time, Chonburi province last year racked up more than 16,000,000 hotel guests at accommodation establishments and there is little doubt that Greater Pattaya is moving into a broader tourism platform.”

To download and read C9 Hotelwork’s Pattaya Hotel Market Update 2018 click HERE.

Pattaya’s hotel performance rebounds as EEC drives positive market sentiment | News by The Thaiger

Continue Reading

Bangkok

Breakfast in Rome. Dinner in Bangkok.

The Thaiger

Published

on

Breakfast in Rome. Dinner in Bangkok. | The Thaiger

Air Italy has touched down in Bangkok for the first time as it launches four weekly services into the Big Mango. The company intends to increase services to five weekly by the end of October.

Bangkok is Air Italy’s third new international route launched this summer following launches in New York and Miami. It’s the airlines’ first route in Asia.

The airline is based in Milan, Italy and is owned by AQA Holdings. The airline is launching its new international routes in concert with it’s local destinations to connect passengers from Rome, Sicily, Naples, Calabria and Sardinia.

The airline is also hoping to add two new routes, from Milan to Delhi and Mumbai in India, with a Delhi launch set for 28 October and Mumbai 30 October.

Air Italy’s Milan – Bangkok service uses an Airbus A330-200 with 24 seats in business class and 228 seats in economy.

The airline offers departures from Italy on Monday, Tuesday, Thursday, Saturday and Sunday and intends to add the fifth service on Sundays starting October 28.

Continue Reading

The Thaiger Newsletter

Keep up with all the day’s news. Subscribe here.

The latest news and information from Thailand.

* indicates required

Trending