Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Changes in the air

Changes in the air

Royal Air Cambodge (RAC) is working out a joint venture with an unnamed Chinese

airline, according to a government official.

"Without a new joint venture RAC will not be moving forwards because it has

no money," said Sith Sakol, department director at the Civil Aviation Authority.

He said RAC would compensate its Malaysian shareholders before signing any new agreement.

Industry sources say RAC has run up losses of $20 million in recent years.

Competition for RAC is likely to get stiffer with the announcement this week that

Bangkok Airways is setting up a new subsidiary called Siem Reap Airways. Flights

between Phnom Penh and Siem Reap are scheduled to start on Oct 29.



Please, login or register to post a comment

Latest Video

Turkish Embassy calls for closure of Zaman schools

With an attempted coup against the government of President Recep Erdogan quashed only days ago and more than 7,000 alleged conspirators now under arrest, the Turkish ambassador to Cambodia yesterday pressed the govern

CNRP lawmakers beaten

Two opposition lawmakers, Nhay Chamroeun and Kong Sakphea were beaten unconscious during protests in Phnom Penh, as over a thousand protesters descended upon the National Assembly.

Student authors discuss "The Cambodian Economy"

Student authors discuss "The Cambodian Economy"

Students at Phnom Penh's Liger Learning Center have written and published a new book, "The Cambodian Economy".