Latest News
HomeAsia-PacificRadixx International enters into agreement with Myanmar’s FMI Air
Agreement

Radixx International enters into agreement with Myanmar’s FMI Air

Radixx’s technology will be integral in airline’s push to be part of country’s economic growth.

ORLANDO, FL – Radixx International, a world leader in cloud-based reservation and distribution systems for airlines, is pleased to announce that it has entered into an agreement with FMI Air, a new airline based in Nay Pyi Taw, Myanmar.
 
FMI Air currently operates 72 domestic flights a week. Over the next 3 months FMI Air will accept another 2 CRJ 200 aircraft and expand service to 163 weekly departures to 6 cities. In addition to scheduled flights, FMI Air also provides bespoke charter services to over 20 airports within Myanmar. International service is expected to be launched this year, as well.
 
Myanmar is experiencing rapid economic growth as it opens up to direct foreign investment. Meaningful capital is flowing into the country, with the largest investors from Singapore, Hong Kong, Britain and China. Foreign direct investment is expected to rise substantially in 2015 above the US $4.11 billion figure for the previous year.*
 
According to the British Chamber of Commerce Myanmar, between 2012-13 UK goods exported to Myanmar increased 244%, and goods imported to the UK from Myanmar increased 48%. And just last November, Li Keqiang, Premier of the State Council of the People’s Republic of China and his Myanmar counterparts signed deals amounting to US$7.8 billion in energy and infrastructure, agriculture, telecoms and finance. 
 
FMI Air CEO Bruce Nobles, stated in a recent interview, “As Myanmar opens up to foreign investment and tourism, the need for a world-class air service capability is readily apparent. With more and more foreign travelers coming here, and with their expectations shaped by traveling on the world’s best airlines, it is imperative that our standards of service, safety and seamless operations meet those of best-in-class carriers.
 
He continues, “We sought partners who shared our unwavering focus on adhering to these high standards, which is why we chose Radixx International to manage our reservation and departure control systems. There is no margin for error in the execution of these critical functions, and Radixx was able to design customized solutions that help us ensure the reliability and on-time performance on which our customers depend.
 
It is a privilege and an honor for Radixx International to be a part of a country’s economic development and growth,” says Ron Peri, CEO of the Orlando, FL-based company. “FMI Air will be a major driver in Myanmar’s build-out and modernization. Contributing to FMI Air’s operational and strategic success has been a rewarding experience. This success is directly benefiting the people of Myanmar, and we are eager to build upon the momentum.
 

*Information provided by South China Morning Post and British Chamber of Commerce Myanmar

Co-Founder & Managing Director - Travel Media Applications | + Articles

Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.

22/04/2024
19/04/2024
18/04/2024
17/04/2024
16/04/2024
15/04/2024