Cambodia Airlines, a new national private airline, will operate its
domestic and regional flights soon after a joint venture agreement was
signed recently between Royal Group of Cambodia and San Miguel Corp.
According to Cambodia’s news agency AKP, the
agreement was inked by Oknha Kith Meng, CEO of Royal Group and Ramon S.
Ang, President of the national flag carrier Philippine Airlines (PAL)
and San Miguel Corp.
Under the agreement, Royal Group holds 51 percent stake and PAL, 49 percent.
Cambodia’s civil aviation service is now growing with 25 airlines
currently operating at Phnom Penh and Siem Reap International
Airports.
The number of passenger arrivals through
Phnom Penh International Airport is expected to grow by 7 percent
to 2.25 million in 2013, while Siem Reap International Airport
will welcome some 2.55 million passengers, or an increase of 10.5
percent.-VNA