Airline Companies, a Growing Business - Who's Operating in Cambodia NOW ?
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Airline Companies, a Growing Business - Who's Operating in Cambodia NOW ?
Cambodia Hungry for More Foreign Investment in Airlines
by William Dennis
- September 19, 2018, 9:49 AM
The Cambodian government continues to solicit investment from foreign companies, particularly in China, to establish start-up carriers beyond the nine that already operate in the kingdom. According to Cambodia State Secretariat for Civil Aviation official Sinn Chansereyutha, the country needs further transportation capital to support its growing tourism industry.
The nine existing airlines—Cambodia Airways, Cambodia Angkor Air, Sky Angkor Airlines, JC International Airlines, Lanmei Airlines, Small Planet Airlines, KC International Airlines, Bassaka Air, and Cambodia Bayon Airlines—operate a total of 40 aircraft. China-based companies hold equity stakes in Cambodia Airways, JC International, and KC International, while Chinese interests completely own Lanmei Airlines and Cambodia Bayon Airlines. Cambodia Angkor Air is a Cambodia-Vietnam Airlines joint venture while Sky Angkor Airlines is a Cambodia-Korea JV. Thai investors own Small Planet Airlines and Cambodians own Bassaka Air.
Two new carriers, MJ Cambodia Airlines and Air Siem Reap, plan to start operations in late December or early next year. Both airlines have applied for their air operating certificates.
MJ Cambodia, a Cambodian-Chinese JV, will concentrate on low-fare services based at Phnom Penh International Airport. Its network plans center on Southeast Asia and secondary points in China.
Air Siem Reap, a joint venture between Bangkok Airways and Cambodian investors, plans to base its operations in Siem Reap and operate routes between Thailand and Cambodia.
A developing country with a population of 17 million, Cambodia cannot depend on local capital and requires foreign investors for its aviation market, said Chansereyuthu.
“The majority of Cambodian companies do not have the financing to set up an airline alone as the investment required is massive,” Chasereyutha noted.
Cambodian law requires new airlines to invest between $20 million and $30 million and hire 100 staff members during the first three years in business. The investment requirement does not include aircraft.
https://www.ainonline.com/aviation-news ... t-airlines
by William Dennis
- September 19, 2018, 9:49 AM
The Cambodian government continues to solicit investment from foreign companies, particularly in China, to establish start-up carriers beyond the nine that already operate in the kingdom. According to Cambodia State Secretariat for Civil Aviation official Sinn Chansereyutha, the country needs further transportation capital to support its growing tourism industry.
The nine existing airlines—Cambodia Airways, Cambodia Angkor Air, Sky Angkor Airlines, JC International Airlines, Lanmei Airlines, Small Planet Airlines, KC International Airlines, Bassaka Air, and Cambodia Bayon Airlines—operate a total of 40 aircraft. China-based companies hold equity stakes in Cambodia Airways, JC International, and KC International, while Chinese interests completely own Lanmei Airlines and Cambodia Bayon Airlines. Cambodia Angkor Air is a Cambodia-Vietnam Airlines joint venture while Sky Angkor Airlines is a Cambodia-Korea JV. Thai investors own Small Planet Airlines and Cambodians own Bassaka Air.
Two new carriers, MJ Cambodia Airlines and Air Siem Reap, plan to start operations in late December or early next year. Both airlines have applied for their air operating certificates.
MJ Cambodia, a Cambodian-Chinese JV, will concentrate on low-fare services based at Phnom Penh International Airport. Its network plans center on Southeast Asia and secondary points in China.
Air Siem Reap, a joint venture between Bangkok Airways and Cambodian investors, plans to base its operations in Siem Reap and operate routes between Thailand and Cambodia.
A developing country with a population of 17 million, Cambodia cannot depend on local capital and requires foreign investors for its aviation market, said Chansereyuthu.
“The majority of Cambodian companies do not have the financing to set up an airline alone as the investment required is massive,” Chasereyutha noted.
Cambodian law requires new airlines to invest between $20 million and $30 million and hire 100 staff members during the first three years in business. The investment requirement does not include aircraft.
https://www.ainonline.com/aviation-news ... t-airlines
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- bolueeleh
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Re: Airline Companies, a Growing Business - Who's Operating in Cambodia NOW ?
anytime soon, expecting a major accident fm any one of KoW airlines
Money is not the problem, the problem is no money
- newkidontheblock
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Re: Airline Companies, a Growing Business - Who's Operating in Cambodia NOW ?
Is there something you know? Is there an airline skimping on maintaining their planes? Please spill the beans. I would rather not be on a plane that is just waiting to fall out of the sky.bolueeleh wrote:anytime soon, expecting a major accident fm any one of KoW airlines
- that genius
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Re: Airline Companies, a Growing Business - Who's Operating in Cambodia NOW ?
newkidontheblock wrote: ↑Fri Sep 21, 2018 7:02 pmIs there an airline skimping on maintaining their planes? [/quote
In Cambodia?
Impossible, mon frere!
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- bolueeleh
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Re: Airline Companies, a Growing Business - Who's Operating in Cambodia NOW ?
small pie, lots of players, do ur own deductionsFreightdog wrote: ↑Fri Sep 21, 2018 10:38 pmOut of interest, what factors is that opinion based on?
Money is not the problem, the problem is no money
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Re: Airline Companies, a Growing Business - Who's Operating in Cambodia NOW ?
Ah, so basically a very general statement that can be applied on every continent of the globe. If there's an accident or incident anywhere, you'll be vindicated.
- bolueeleh
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Re: Airline Companies, a Growing Business - Who's Operating in Cambodia NOW ?
let me hook u up with singapore ST engineering, aircraft maintenance sub division managing director, who has some contracts for aircraft maintenance in kow, lets hear it fm the horses mouth shall we?Freightdog wrote: ↑Sat Sep 22, 2018 8:39 am Ah, so basically a very general statement that can be applied on every continent of the globe. If there's an accident or incident anywhere, you'll be vindicated.
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Re: Airline Companies, a Growing Business - Who's Operating in Cambodia NOW ?
By all means; If you genuinely have such a contact. Interesting, though, that you did not qualify your answer previously, when the opportunity was presented. It simply makes you appear as yet another one of those armchair experts, proclaiming knowledge of a subject.
It's not the first time, I'm sure it won't be the last.
It's not the first time, I'm sure it won't be the last.
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