The rush appears to be on to fill the void that Myanmar has presented to the world. Japan is in there, as is China. India is holding bilateral talks with Myanmar in the hope of boosting trade between the two countries in the areas of agriculture (note to AVC Global), manufacturing, information technology, and of course infrastructure development. The U.S. is represented there by way of Pizza Hut and now Bell Helicopter, a division of Textron (
TXT
), which is showcasing their aircraft across Southeast Asia, beginning in Myanmar.
Why Myanmar you may ask? Last year, Bell put their toe in the water in that country and received little interest. But now, private companies involved in things like tourism, search and rescue, and the oil and gas sectors have all expressed interest in purchasing Bell’s aircraft. Airbus with their EC225 helicopter is Textron’s main competitor. (Courtesy of nasdaq.com)
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