AirAsia starts new airline in Cambodia

[geovalin]

PETALING JAYA: AirAsia Aviation Group Limited (AAAGL), the aviation arm of Capital A Bhd, has signed a joint venture (JV) agreement with Sivilai Asia to establish AirAsia Cambodia, a new low cost airline in Cambodia. In a statement, the budget carrier said the new airline would further cement AirAsia’s brand in Cambodia and Indochina, providing AirAsia with greater access to its domestic market and most importantly connecting it to the international markets across Asean, North Asia and beyond.

 

This new airline will allow AAAGL to operate to the various existing markets where it already has presence and operations to build scale, network connectivity and further reduce the cost of operations, it said. AirAsia Cambodia aims to further stimulate the Cambodian aviation and tourism industries, launch exciting new destinations, create jobs and bring a true low cost operation to the country.

 

Subject to obtaining the relevant regulatory approvals, the JV is expected to commence operations in late 2023. Capital A CEO Tan Sri Tony Fernandes said the group continued to focus on Asean where it know best and its brand is the strongest.

 

read more https://www.thestar.com.my/business/business-news/2022/12/09/airasia-launches-new-low-cost-airline-in-cambodia