{"id":134547,"date":"2022-12-09T18:30:00","date_gmt":"2022-12-09T18:30:00","guid":{"rendered":"https:\/?p=134547"},"modified":"2022-12-09T19:07:08","modified_gmt":"2022-12-09T19:07:08","slug":"airasia-to-create-a-subsidiary-in-cambodia","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2022\/12\/airasia-to-create-a-subsidiary-in-cambodia.html","title":{"rendered":"AirAsia to create a subsidiary in Cambodia"},"content":{"rendered":"\n

AirAsia Aviation Group Limited (AAAGL) signed this Friday a Joint Venture agreement with Sivilai Asia to create AirAsia Cambodia<\/strong>, a new low-cost airline.<\/p>\n\n\n\n

This new airline will enable AAAGL to operate in the various existing markets where it already has a presence and operations to increase its scale, network connectivity and further reduce the cost of operations.<\/p>\n\n\n\n

\u2192 Korean Air takes delivery of its first Airbus A321neo.<\/a><\/em><\/strong><\/p>\n\n\n\n

Subject to relevant regulatory approvals, the Joint Venture is expected to commence operations by the end of 2023.<\/p>\n\n\n\n

“Cambodia is the fifth country in Southeast Asia where we continue our march to be the region’s number one people and cargo carrier, and provide a hub of economic growth for these countries. The value of AirAsia’s network is an unsurpassed asset; it will be another flagship for extensive connectivity in Cambodia and to the region, namely China, India and North Asia, commented Tony Fernandes, CEO of Capital A.<\/p>\n\n\n\n

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