I put this in the 'On The Road - Aviation News' thread. but it fits quite well here too.

Things are obviously very dire for the Kingdoms 6 very young and profitless airlines. How many will still be around by Christmas is anyone's guess.

"The oldest is 51 per cent state-owned Cambodia Angkor Air, which is around 10 years old. The rest – Cambodia Airways, JC Airlines, Lanmei Airlines, Sky Angkor Airlines and Bassaka Air – barely have five years experience under their belt."

There are some interesting numbers in this unusually good article from the Phnom Penh Post (good for them anyway).

"At Phnom Penh International Airport, cumulative passenger statistics in the first quarter ended March 31, 2020 (1Q20) tumbled 31.2 per cent year-on-year to 1.1 million compared to 1.6 million in 1Q19.

More startling is the near absence of passengers at the airport towards the end of March. For example, on March 31, only 439 passengers passed through Phnom Penh, as opposed to 16,094 on the corresponding date last year, representing a 97.3 per cent slump.

Over at Preah Sihanouk and Siem Reap airports, the situation is even dire. For example, on April 2, 2020, both airports recorded zero passengers."

https://www.phnompenhpost.com/special-r ... 9-60488785

Clemen wrote: ↑Fri Apr 17, 2020 2:53 pm That was a surprisingly good article

Really? I quit after the third sentence:

From the article wrote:With the current depressed prices, and Brent crude plummeting to an 18-year low on March 30, an ideal scenario would have developed for the sector to make up for its less-than-appealing financial performance in recent years.