Deutsche Welle 2013.08.27 11:42
Japanese airline All Nippon Airways (ANA) has announced a major investment
in Myanmar's Asian Wings Airways. The plan is part of an ANA strategy to
expand its business in the rapidly growing Southeast Asian market.
All Nippon Airways (ANA) would invest $25 million (18.6 million euros) to
acquire a 49 percent stake in Asian Wings Airways of Myanmar, ANA Holdings,
which is the parent of the Japanese airline, announced Tuesday.
ANA, AIRLINE, AIRWAY, YANGON, WING, MYANMAR, Pan Am Holdings Inc., N A Holdings Inc., Japan, TH, USA