Cambodia looks set to add three new airlines this year to bring the total number of operating carriers to 10, an unsustainable number in the long term, according to research released today by the Centre for Asia Pacific Aviation (CAPA).
Cambodia Airways, China-backed KC International Airline and Thai-backed Air Siem Reap plan to enter the market. All three companies are in the process of applying for their air operating certificates in Cambodia.
Cambodia’s aviation sector has seen rapid growth in recent years, going from two airlines flying seven planes in 2013 to its current fleet of seven airlines flying 30 planes. CAPA predicts there will be 45 planes by the end of the year.