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AWM-2011-01 - LAUNCH CEREMONY
AWM-FLIGHT CREW CABIN ATTENDANTS
Formed and started operations in 2011. Succeeded Yangon Airways which ceased operations in December 2010. Scheduled & charter, domestic, regional & international, passenger & cargo, jet airplane services.
No.34 (A-1) Shwe Taung Gyar Street
Bahan Township, Yangon, Myanmar
MYANMAR (UNION OF MYANMAR) WAS ESTABLISHED IN 1948, IT COVERS AN AREA OF 676,552 SQ KM, ITS POPULATION IS 47 MILLION, ITS CAPITAL CITY IS YANGON, AND ITS OFFICIAL LANGUAGE IS BURMESE.
Yangon, the commercial capital, is the main gateway to Myanmar. Evergreen and cool with lush tropical trees, shady parks and beautiful lakes, Yangon has earned the name of "The Garden City of the East". Yangon was founded by King Alaungpaya on the site of a small settlement called Dagon when he conquered Lower Myanmar in 1755.
WHERE TO VISIT:
* Shwedagon Pagoda, Sule Pagoda, Botahtaung Pagoda, Chauk Htat Gyi,
Kabar Aye Pagoda, Koe Htat Gyi, Kyaikkalo Kyaikkalei, Kyauktawgyi Pagoda, Maelamu Pagoda, Maha Wizaya Pagoda, Ngar Htat Gyi, National Museum, Bogyoke Market, Bogyoke Museum, Kandawgyi Garden, Gems Museum,
Karaweik Hall, National Races Village, People's Park & Square, War Memorial, Yangon Zoological Garden.
When you visit Yangon, visiting Shwedagon Pagoda is a must. It is 1 of the most famous and interesting place to visit in Yangon. Sule Pagoda lies in the center of Yangon and can be easily visited. Other than pagodas, museums such as National Museum, Bogyoke Museum and Gems Museum display historical events of Myanmar.
* Ngwe Saung Beach, Chaung Thar Beach, Thanlyin & Kyauktan, Pathein,
Bago, and Pyay.
Bago is only 80 km and about 1 hour drive from Yangon. Bago is 1 of the richest sites in Myanmar. Pyay lies 161 km north of Yangon. The ancient ruins of the Pyu capital, Srikeshtra, lies in this city. Come and relax at the beautiful beaches of Chaung Thar and Ngwe Saung. Pathein well-known for the colorful Parasol.
January 2011: Asian Wings Airways (AWM) was established as a successor to Yangon Airways which ceased operations in December 2010.
July 2013: Asian Wings Airways (AWM) is an independent airline operating scheduled domestic, regional and international operations, initially linking its Yangon base with Bagan, Heho, Mandalay, Sittwe, and Thandwe. Charter services are also offered. Additional domestic destinations are planned.
(ICAO) Code: YJ. (IATA) Code: AWM - (Callsign - ASIAN STAR).
Parent organization/shareholders: Sun Far Travels & Tours Company Ltd (100%).
Company Slogan: "Fly Beyond Your Dreams."
Main Base: Yangon International Airport (RGN).
Hub: Mandalay International Airport.
Domestic Destinations: Bagan Nyaung U Airport, Dawai Airport; Heho Airport, Homalin Airport, Kawthaung Airport; Kyaingtong Airport, Lashio Airport, Mandalay International Airport, Monywa Airport, Sittwe Airport, Tachilek Airport, Thandwe Airport, and Yangon International Airport.
International Destinations: Chiang Mai International Airport, Thailand.
August 2013: All Nippon Airways (ANA) is set to invest 3 billion Japanese Yen/$25 million in Myanmar’s Asian Wings Airways (AMW), giving it a 49% stake in the carrier. The move is part of (ANA)’s strategy of expanding into new international markets. As part of the deal, (ANA) will work with (AWM) to improve its operational and on-time performance and support its expansion into markets outside Myanmar. (AWM), which began operating in January 2011, operates an exclusively domestic route network to 13 destinations within Myanmar.
It is planning to launch international services in October and plans to expand its fleet to include 10 A320 airplanes by 2013. (AWM) presently has two ATR 72s and one A321. For the fiscal year ended March 31, (AWM) reported revenue of $17.8 million and is profitable according to (ANA).
(ANA)’s investment in (AWM) is the 1st by a foreign airline in a Myanmar-based commercial carrier, according to (ANA). It intends to capture “an increasing share of the fast-growing Asian airline market and this investment in (AWM) will support that strategic goal.” The deal is subject to approval by Myanmar authorities, and the signing of a final equity tie-up agreement with (AWM) and its shareholders.
From September 30, (ANA) will also increase the number of flights it operates between Tokyo-Narita and Yangon from 3x- to 7x-weekly, and plans to introduce larger airplanes on the route.
August 2014: All Nippon Airways (ANA) (which announced last year it would invest $25 million in Myanmar’s Asian Wings Airways (AWM) for a 49% stake) has pulled back from the deal. However, (ANA) said it is still interested in investing in that market.
(ANA) will continue to seek possible business opportunities in airlines and airline-related businesses in Myanmar. Despite the decision to cancel its investment in (AWM), “we still realize that the potential for growth in Myanmar is high.”
The market situation in Myanmar had changed rapidly since the original investment decision, (ANA) noted. Due to increased competition, all of Myanmar’s airlines are seeing a drop in financial performance, the spokesman said.
In addition, (ANA) said it was unable to reach agreement with (AWM) during negotiations over the capital injection.
(ANA) confirmed the (AWM) withdrawal does not change its broader aim of making strategic overseas investments, mainly in Asian countries that have strong economic growth. It is primarily targeting airlines whose networks would mesh well with (ANA)’s, as well as other aviation-related businesses.
As part of this strategy, (ANA) has invested in the USA-based Pan Am International Flight Academy, in a move to help it capitalize on demand for pilot training in Southeast Asia.
(ANA) Holdings established an investment management company in Singapore in June 2013 to accelerate investment in Asia and to manage the group’s shareholdings.
August 2015: Myanmar domestic carrier, Air Bagan (BGN) has stopped operations following the off-runway excursion of one of its 2 ATR 72-500 aircraft at Yangon Airport last month.
(BGN) suspended all flight operations from August 16, but has said it will be adding more aircraft to its fleet to help it resume operations. “Air Bagan (BGN) is currently planning to add more fleet in time for October,” said (BGN) Managing Director Htoo Thet Htwe.
A statement from (AWM) cited “maintenance check and restructuring plan” requirements for the withdrawal. However, it could also have also been prompted by increasing concerns over safety, operations and maintenance certification across the rapidly expanding number of carriers using airports in Myanmar.
The stop-flight decision follows a similar suspension of flights by Air Mandalay (AMP). (AWM) cancelled operations for 5 months to May this year, following non-arrival of certified leased aircraft and problems maintaining its existing ATR turboprop fleet.
Although Air Bagan (BGN) is still selling tickets, it is channeling all passengers through its code share arrangement with local carrier, Asian Wings Airways (AWM).
(BGN) has been offering services to Chang Mai in Thailand, as well as local services to Nyaung U-Mandalay, Heho, Kalay, Myitkyina, Kengtung, Bhamo, and Tachileik in Myanmar using its ATR 42-320 and ATR 72-500 aircraft.