Mitsubishi manages Mandalay airport

Myanmar’s Department of Civil Aviation says Japan’s Mitsubishi Corp and Jalux Inc will partner with Myanmar’s Yoma Strategic Holdings Ltd to manage Mandalay’s international airport.

According to an Irrawaddy channel news report the companies have established a joint venture company, MC-Jalux Airport Services to run Mandalay airport for 30 years and turn it into a major regional aviation hub.

DCA official, Than Min, was quoted as saying: “This airport will be boom in the future…it will be a centre for international flights.”

Mandalay’s air space is part of the shortest aviation route to Europe  for airlines serving Southeast Asia, which could potentially lead it to be an important gateway or hub for ASEAN.

The country is also planning to privatise operations at smaller domestic airports and is currently accepting applications. Only local companies have so far applied, he added.

According to Mitsubishi, the Mandalay airport partnership will “encourage further expansion of domestic and international flights” beginning around March next year.

Mandalay airport currently has capacity to handle 3 million passengers a year, but only handled 750,000 in 2013. Of that, 190,000 were international passengers and the balance domestic. Airlines using the airport serve four regional routes including Bangkok and Singapore and 11 domestic destinations.

Built by Thailand’s Ital-Thai corporation in the late 1990s, the airport is poorly maintained and often criticised by travel executives for shoddy services. Buildings would need extensive renovations and airline facilities would need an upgrade.

Source : TTR Weekly