Cambodia Angkor Air plans network and fleet expansion ahead of PAL-backed Cambodia Airlines launch
2nd May, 2013
Cambodia Angkor Air
is planning rapid fleet and network expansion as competition
intensifies in the Cambodian market. The Cambodian flag carrier is
expected to more than double its fleet by the end of 2015 and launch
services to several new markets, including mainland China, Hong Kong, India and South Korea. Cambodia Angkor Air was established in 2009 as a joint venture with Vietnam Airlines but remains one of the smallest flag carriers in Southeast Asia, only operating domestically and to two neighbouring countries.
Cambodia Angkor Air has already seen its most dramatic expansion in its four-year history, launching three international routes over the last six months. Further rapid expansion of Cambodia Angkor Air and the planned launch of a second Cambodian scheduled carrier that will be affiliated with Philippine Airlines (PAL) should lead to more rapid growth in the Cambodian market. The Cambodian passenger market grew by 18% in 2012 and by 21% in 1Q2013, based on figures from Cambodia Airports.
Cambodia Angkor Air has already seen its most dramatic expansion in its four-year history, launching three international routes over the last six months. Further rapid expansion of Cambodia Angkor Air and the planned launch of a second Cambodian scheduled carrier that will be affiliated with Philippine Airlines (PAL) should lead to more rapid growth in the Cambodian market. The Cambodian passenger market grew by 18% in 2012 and by 21% in 1Q2013, based on figures from Cambodia Airports.
Cambodia Angkor Air looks to catch up with ASEAN peers
Cambodia Angkor Air currently accounts for only 15% of international
capacity in Cambodia, lower than the home market penetration of any
Southeast Asian flag carrier. It is also the smallest of Southeast
Asia’s flag carriers based on fleet size and the second smallest based
on seat capacity.
Southeast Asia’s flag carriers ranked by weekly seat capacity and fleet size: as of 1-May-2013
Rank | Carrier | Weekly seats | Number of aircraft | % of international seat capacity in home market |
1. | Singapore Airlines | 546,000 | 126 | 40% |
2. | Malaysia Airlines | 538,000 | 133 | 29% |
3. | Thai Airways | 532,000 | 103 | 30% |
4. | Garuda Indonesia | 478,000 | 88 | 16% |
5. | Vietnam Airlines | 385,000 | 83 | 39% |
6. | Philippine Airlines | 298,000 | 65 | 24% |
7. | Lao Airlines | 32,000 | 21 | 43% |
8. | Royal Brunei Airlines | 29,000 | 10 | 72% |
9. | Cambodia Angkor Air | 22,000 | 5 | 15% |
10. | Myanmar Airways International | 15,000 | 7 | 16% |
Cambodia Angkor Air currently operates a fleet of three A321s and two ATR
72s to only three domestic and three international destinations. It has
a smaller share of capacity in Cambodia’s international market than
close partner and shareholder Vietnam Airlines. Its 15% share is also
only slightly larger than the 11% share from Bangkok Airways and AirAsia. Read the full article here.
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