Eznis Airways – one of the significant domestic airline in Mongolia has suspended operations on May 22, 2014 with immediate effect citing "company’s financial difficulties" caused by the harsh economic conditions.
On May 10, 2014 a brand new Boeing 737-800 named after the Chinggis Khaan’s (Genghis Khan) grandson Guyug Khaan under the flag of the national air carrier – MIAT Mongolian Airlines landed at the Chinggis Khaan International Airport in Ulaanbaatar at 16:00 local time.
On June 23, 2014 the Prime Minister of Mongolia, Mr. Altankhuyag Norov and the Minister of Culture, Sport and Tourism of Mongolia - Mrs. Oyungerel Tsedevdamba officially announced about the participation of Mongolia in ITB Berlin 2015 during a meeting with tourism industry in the government house.
Baz International and Melia Hotels International signed an agreement for management of the newly-built Gran Melia Ulaanbaatar. The 150-room hotel, to be added to the Gran Melia Hotels & Resorts luxury portfolio, is scheduled to be open in 2017.
MIAT Mongolian Airlines announced in April (2014) updated its flight schedule to Frankfurt and Berlin.
In an attempt to capitalize on the growth in demand for luxury goods in Mongolia, French fashion house Louis Vuitton has announced that it will soon begin to produce signature gers using the company’s iconic monogram leather.
Mövenpick Hotels & Resorts has announced new hotels in Turkey, Mongolia and Morocco, the take-over of a landmark property in Pakistan and the opening of a new ‘hotel within a hotel’ in Egypt as considered organic expansion continues to be the hallmark of the company.
The Mongolian ice hockey team won the bronze medal at the 2014 Challenge Cup of Asia in Abu Dhabi, the United Arab Emirates (UAE). This is the second time the Mongolian ice hockey team has won bronze in the last four “Сhallenge Cup” competitions.
The long legal battle over the ownership status of the Lenin Museum has finally been over after almost a year-long debate. The high court profile case has now been resolved and the Supreme court of Mongolia made a decision in favor of the Ministry of Culture, Sport and Tourism of Mongolia.
Global Science and Technology, Inc. (GST), a leading innovator of weather forecasting products and services, has announced that it recently completed a contract to provide WAFS-METLAB2™ weather workstation technology to the Mongolia Aviation Meteorological Center (AMC) at the Chinggis Khan International Airport in Ulaan Bataar, Mongolia.