Myanmar Airways to Buy Planes from Irish Airline
2 September 2013
Burma’s state-owned Myanmar Airways is planning to buy three French-made planes from an Irish airline, according to a report by eturbonews.com. The French-made ATR72-500 aircrafts will replace three Chinese MA60 planes that have been grounded since last June after repeated brake failures, the report said, citing a source in Naypyidaw. The five-year-old planes will be purchased from the Irish airline Aer Arann for US $12.5 million each on a long-term hire-purchase agreement, the source said. The three MA60 planes, which Myanmar Airways bought from China on credit in 2011, had frequent problems with their hydraulic systems and were involved in two serious mishaps earlier this year.