newstodate.aero
Jun 06, 2017 (newstodate): The plans by Lithuania's Small Planet Airlines Group to establish a subsidiary in Cambodia are advancing.
-We are finishing work on our Cambodian AOC which is on track and expected by the end of September, says Vytautas Kaikaris, Small Planet Airlines Group CEO.
-Plans are to place one Airbus A320 Family aircraft with the Cambodian company to be based at Phnom Penh, providing ACMI and wet-lease services for other domestic carriers as well as charter flights to destinations in South Korea and China.
Small Planet Airlines first entered the Cambodian market in winter 2014 under a five-year contract with the Cambodian airline Sky Angkor, deploying four Airbus A320 aircraft on routes from Siam Reap to various destinations in China and South Korea.
Since 2014, the carrier has built up business with customers in Asia to balance the seasonal variations in the European traffic, starting with a cooperation with Bhutan Airlines flying passengers from Bangkok to Paro in Bhutan, followed by the contract with Sky Angkor, and in 2015 the establishingt of a representative office in Bangkok, Thailand.
Lurking on the horizon are also plans for a subsidiary to be set up in Thailand.
Initally, the company planned for a launch in Thailand already by spring 2015, but the deep uncertainties around Thailand's aviation business, policy and legal framework have kept plans on hold, with efforts directed instead to setting up the new company in Cambodia in the first place.
The Thai plans are still alive, though:
-We are closely observing what is happening in Thailand, confirms Mr Kaikaris.
-We are finishing work on our Cambodian AOC which is on track and expected by the end of September, says Vytautas Kaikaris, Small Planet Airlines Group CEO.
-Plans are to place one Airbus A320 Family aircraft with the Cambodian company to be based at Phnom Penh, providing ACMI and wet-lease services for other domestic carriers as well as charter flights to destinations in South Korea and China.
Small Planet Airlines first entered the Cambodian market in winter 2014 under a five-year contract with the Cambodian airline Sky Angkor, deploying four Airbus A320 aircraft on routes from Siam Reap to various destinations in China and South Korea.
Since 2014, the carrier has built up business with customers in Asia to balance the seasonal variations in the European traffic, starting with a cooperation with Bhutan Airlines flying passengers from Bangkok to Paro in Bhutan, followed by the contract with Sky Angkor, and in 2015 the establishingt of a representative office in Bangkok, Thailand.
Lurking on the horizon are also plans for a subsidiary to be set up in Thailand.
Initally, the company planned for a launch in Thailand already by spring 2015, but the deep uncertainties around Thailand's aviation business, policy and legal framework have kept plans on hold, with efforts directed instead to setting up the new company in Cambodia in the first place.
The Thai plans are still alive, though:
-We are closely observing what is happening in Thailand, confirms Mr Kaikaris.