Myanmar’s Yangon International Airport reveals growth plans

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Myanmar’s Yangon International Airport is to be further upgraded to better equip it to accommodate more international traffic.

Operator, Yangon Aerodrome Company Limited (YACL), has also revealed that it is stepping up its marketing efforts in a bid to develop its international route network.

The announcements come despite the airport admitting that it is likely to close 2018 with the slowest growth rate in air passenger traffic for five years.

Yangon International Airport (YIA) welcomed its five millionth passenger of 2018 last week and is on target to handle around six million passengers (+2.5%) by year-end.

However, over the past five years, passenger numbers at YIA – by far the busiest of Myanmar’s three international airports – has increased at an average of 8.6% per year.

YACL says that while tourist arrivals from Asian markets continue to grow in 2018, those from European and North American markets appear to have been impacted by international media reports on domestic Myanmar issues.

“While there has been a slowdown in visitor growth, we have continued to expand YIA’s capacity and capability while intensifying efforts to open up new markets,” says YACL’s CEO, Ho Chee Tong.

“We are confident that, in partnership with all the relevant stakeholders in the tourism industry, the community and the Myanmar government, 2019 tourist air passenger traffic will surpass that of 2018.

“As the investor and operator of Myanmar’s main international airport, we have a responsibility to enhance infrastructure while striving to deliver a high level of safety, security and service. YIA is the gateway to Myanmar and it is important that we deliver an outstanding experience for tourists and business travellers.”

YACL took over YIA’s operation and management in October 2015 under a Public-Private Partnership tender from Myanmar’s Department of Civil Aviation and the Ministry of Transport and Communications.

Read full article at Airport World: http://www.airport-world.com/news/general-news/6906-myanmar-s-yangon-international-airport-reveals-growth-plans.html

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