Joint venture Airline Postpond To Fly

Joint venture Airline Postpond To Fly

Cambodia’s State Secretariat for Civil Aviation says Royal Group’s planned Airline start up with partner Philippine Airlines still hangs in the balance.
The SSCA general director, Keo Sivorn, told Local Media that neither party had applied for the necessary certificate nor responded to questions on whether the USD10 million deal was still in play.
The Joint Venture was supposed to establish Cambodia Airlines, earlier this year, but there has been repeated postponements.
Neither firm had nitiated the application process for an Airline Operations Certificate (AOC) for the proposed joint venture.
Cambodia Airlines AOC is not being processed because we do not know if the two partners  want to continue or not. It depends on them and we are still waiting,” the general director added.

However, the RGC chief financial officer Mark Hanna claimed in a statement to the Phnom Penh Post that the plan was on track.
“There was heightened uncertainty over the PAL deal… the two companies were in fact in the process of applying for an AOC from the SSCA,” he told the daily newspaper.
This appeared to contradict, the SSCA assertions that a AOC was not being processed.
“The project has not being abandoned. We are working on getting an AOC with Philippine Airlines, it is just up to the Civil Aviation Authority of Cambodia, Hanna told the Post, declining to give details.
“When we get the AOC, we will move on the project, he added.
Cambodia Airlines has been talking about an imminent launch since 2012, which would have made it the second airline operating in the country in direct competition to Cambodia Angkor Air (CAA), which currently enjoys a monopoly in the market.
It was supposed to start flying mid-2013 with an initial USD1 million investment from PAL.
But after missing closing dates in both June and October last year, the venture was again postponed earlier this year. At one point PAL executives hinted that the project was on ice,  although statements from both parties are often contradictory and lacking detail.

Cambodia Airlines AOC, 
Civil Aviation,
Royal Groups planned Airline,
Philippine Airlines ,
Airline Operations Certificate
Civil Aviation Authority of Cambodia,
venture Airline,

Mohini Porwal [ B Sc]
Trainee Aviation News Editor