Japan’s All Nippon Airways (ANA) is set to invest $25 million in Myanmar’s Asian Wings Airways (AWA), 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 AWA to improve its operational and on-time performance and support its expansion into markets outside Myanmar. AWA, which began operating in January 2011, operates an exclusively domestic route network to 13 ...

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