Myanmar’s Directorate of Investment and Company Administration has approved an investment of US$70.8 million by in Asian Blue Aviation Co Ltd, a joint venture between Japan’s ANA Holdings and  Golden Sky World. The approval enables the company to operate for 50 years in the Myanmar air transport sector with the carrier focusing exclusively on international routes. ANA Holdings will hold a 49 per cent stake in the joint venture while the Shwe Than Lwin-owned media and banking entity will own … [Read more...] about ANA’s Myanmar joint venture Asian Blue Aviation gets green light