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Aircraft and finance. All Nippon Airways means to purchase a 49% stake in Asian Wings

Tokyo, Japan - It would be the first investment in a Myanmar-based carrier from a foreign company

ANA Group, parent company of All Nippon Airways, announced on Tuesday 27 August 2013 the intention to acquire a 49% stake in Asian WIngs Airways, in order to expand its presence in the lucrative market of South-Eastern Asia. The Japanese company means to invest 2.5 billion yens (about 19 million Euros or 25 million dollars) for AWA, increasing its presence in the international markets: "As part...

AVIONEWS - World Aeronautical Press Agency - 1154718

AVIONEWS - World Aeronautical Press Agency
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