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ANA Seeking Myanmar Venture After Two Failed Attempts Since 2014

  • Japanese airline lured by potential in Southeast Asian nation
  • Looking for a new partner in Myanmar, CEO Katanozaka says
All Nippon Airways Co. (ANA) aircraft stand parked at Haneda Airport in Tokyo, Japan, on Wednesday, April 26, 2017. ANA is scheduled to release Fourth-quarter earnings figures on April 28.
Photographer: Tomohiro Ohsumi/Bloomberg

ANA Holdings Inc. is attempting to set up a venture in Myanmar for the third time after previous efforts collapsed, as Japan’s largest carrier seeks to capture demand in one of Asia’s fastest-growing economies.

“We’re going to find a new partner again,” Shinya Katanozaka, chief executive officer of ANA Holdings, said in an interview in Tokyo Thursday. “Even though this is going to be our third attempt, we didn’t even think about giving up on the plan.”