On 16 November 2014, a consortium of Mitsubishi Group and an affiliate from Japan Airlines signed a concession agreement with the Myanmar government to operate the airport for 30 years. The joint firm undertook the operation, rehabilitation and maintenance of airport facilities, including terminal buildings and the airport's sole runway, excluding air traffic control, with operations having begun around March 2015. The agreement's main focus is to generate further expansion of domestic and international flights to Mandalay and to increase passenger traffic through the airport.