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Yangon Aerodrome Company (“YACL”), operator of Yangon International Airport (“YIA”), announced today that passenger traffic at the main aviation gateway of Myanmar increased to 4.60 million in the first nine months of 2019, 6.5% higher than 4.32 million a year earlier.

YACL said the increase was due to the addition of new routes – mainly from the Chinese market.
In the last 12 months, YIA has added two routes with three new airlines. International passengers
accounted for 70.0% of the total air passenger movements during the January-September 2019
period. This compared with 67.5% in the same period last year. Domestic passenger movements
declined marginally by 1.7% in the January-September 2019 period compared to a year ago.

Air Traffic Movement (“ATM”) for international flights increased by 2.5% compared to a year ago.
However, domestic ATM declined 12.5% due in part to local carriers upgrading their fleet to bigger
aircraft as well as a considerable number of flights canceled by the national airliners. YIA currently
serves 35 international airlines connecting to 33 cities in 12 countries in Asia, 2 countries in the Middle east compared to 31 airlines, connecting to 31 cities in 15 countries a year earlier.

China, Thailand, and Japan were the top countries that mainly contributed to the increase in YIA’s
international passenger movements.

YIA has been actively targeting other markets for the expansion of its international routes with the
recent addition of IndiGo Airlines, providing daily scheduled flights from Kolkata, India to Yangon, and Kunming Airlines connecting Kunming, China to Yangon.

“The increase in YIA’s international air traffic underscores the efforts of everyone in Myanmar. YACL
will continue to improve safety, efficiencies, and customer service at YIA in support of the state policy for Visa-free and Visa on Arrival services promoting Myanmar’s tourism industry. We have also increased marketing efforts to boost tourism growth,” said Mr. Ho Chee Tong, Chief Executive Officer of YACL.