Air Bagan (Yangon) suspended all operations on August 16. The company is vowing to reorganize and return in October with additional aircraft. The company has been struggling since an ATR 72-500 with 49 passengers skidded off the runway on landing at Yangon on July 24 in a heavy rainstorm. The airline was down to one operational ATR 72 and could not maintain its schedules.
Air Bagan started operations on November 15, 2004.
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