Thai business aviation services provider MJets has joined forces with Myanmar’s Wah Wah Group to open the country first fixed-base operation.
The joint venture, known as Myanmar MJets Business Aviation Center (MMBAC), will be based in Myanmar's second-largest city, Yangon and aims to exploit demand for VIP handling from the growing number of business aircraft owners heading to the Southeast Asian republic.
“Private jet movements through Myanmar, mostly via Yangon, are expected to grow strongly due to the surge in foreign investment, business and tourism,” says Wah Wah chief executive Ohn Myint. “We expect private aircraft flights passing through Myanmar – especially Yangon – to double from 300 this year to 600 flights in the third year of MMBAC's operation.”
According to Flightglobal's Ascend Online Fleets database, Myanmar has an installed base of two business jets – a Bombardier CRJ200 and a Cessna Citation II – and two ATR 72 twin-engined turboprops used in a business capacity.
Source: Flight International