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7JetSet7 Code: AOL
Status: Operational
Region: ORIENT
Employees 17
Web: cambodiaangkorair.com
Email: cambodiaangkor@everyday.com.kh
Telephone: +855 23 212 564
Fax: +855 23 224 164

Click below for data links:
AOL-2005-01-A 757
AOL-2012-06 - A
AOL-2012-06 - B
AOL-2012-06 - C
AOL-2013-10 - A321 TO GUANGZHOU

Established in 2002 and started operations in 2005. Scheduled, international, passenger, jet airplane services.

206A Preah Norodom Boulevard
Tonle Bassac
Phnom Penh, Kingdom of Cambodia

The Kingdom of Cambodia was established in 1945, covers an area of 181,035 sq km, has a population of 11 million, its capital is Phnom Penh, and its official language is Cambodian.

Covering an area of 181,035 square kms, Cambodia is about half the size of Germany. In the West, the country is bordered by Thailand, in the North by Laos, and in the East by Vietnam. By far the most important river of Cambodia is the Mekong, which passes through the country for about 500 kms in a north southerly direction. The Mekong is passable for ships from its delta in Vietnam until Phnom Penh. SE Asia's largest lake, Tonle Sap, is in Cambodia and is connected to the Mekong by a short river, also called Tonle Sap. For most of the time, this river flows from lake Tonle Sap into the Mekong. However, during the SE Asian rainy season from June to October, when the Mekong drains large areas of Southeast Asia, the Tonle Sap river flows from the Mekong back into lake Tonle Sap, thus causing enormous floods in the area surrounding the lake. During this time, lake Tonle Sap can swell to >2x its regular size. Central Cambodia is a fertile plain. Mountain ranges in the shape of a semicircle form a natural boundary with Thailand. In the West are the Cardamon Mountains (designated after the spice of the same name), in the SW the Elephant Mountains and in the North the Dankret Mountain Range. The highest mountain in Cambodia is Phnom Aural in the Cardamon range, at a height of 1,813 m. To date, these mountain ranges are comparatively densely covered with forest and are only sparsely populated. All three are still operating areas of the Khmer Rouge guerrillas. The southern coastal strip has never been of importance for the Cambodian economy. It is separated from the central plain by difficult terrain. The Mekong has always been the economical conduit of Cambodia.

Just like the Thais, the Cambodians distinguish 3 major seasons: the cold season from November to January, the hot season from February until April or May, and the rainy season from May or June to October. During the rainy season, about 4 fifths of the total annual precipitation pours down upon the country.

In 1994, Cambodia counted a population of 8.9 million. This made Cambodia the 2nd smallest country in SE Asia in terms of population. Most other SE Asian countries outnumber the population of Cambodia several times: Indonesia with 191.1 million, Vietnam with 73 million, the Philippines with 65.6 million, Thailand with 59.5 million, Myanmar with 45 million, and Malaysia with 19.4 million. Only Laos is less populated, with 4.5 million. By comparison, the city state of Singapore counts a population of around 3.1 million. In 1975 Cambodia's population numbered 7.2 million. During the 4 years reign of the Khmer Rouge, the population dropped to around 6 million, mostly due to the genocide committed by the Khmer Rouge, but also owing to starvation and migration of large numbers of people, especially ethnic Vietnamese. The dominant ethnic group are the Khmer, about 85% of the population. The remainder are mostly Vietnamese, along with around 100,000 ethnic Chinese, and some 100,000 Muslim Chams. A number of primitive tribes make up the remainder.

The Vietnamese presently still count for >5%, maybe even as much as 10% of the population. During the reign of the Khmer Rouge, a large portion of Cambodia's Vietnamese population fled to Vietnam, but returned after the Vietnamese military invasion in 1979, along with further Vietnamese immigrants. After the Khmer Rouge in 1993 attacked Cambodian families of Vietnamese origin, and cruelly killed entire families, including women and children, at least 20,000 Cambodians of Vietnamese origin, fled to Vietnam. In Cambodia, tensions between Khmer and ethnic Vietnamese have been the norm for centuries, and ethnic Vietnamese are poorly integrated into the Khmer population. Hatred of the Vietnamese and anything Vietnamese is the only emotion the Khmer Rouge can still incite in their countrymen. Compared to the ethnic Vietnamese, the ethnic Chinese are better integrated into the Khmer population. Before the Khmer Rouge took power in April 1975, the Chinese, or Khmer families with Chinese ancestry, played an important part in the Cambodian economy and in politics. Lon Nol the dictator who ruled Cambodia before the Khmer Rouge, had a Chinese grandparent. During the reign of the Khmer Rouge, the Chinese population of Cambodia, too, suffered excessively, and many fled. Another wave of Cambodians of Chinese origin left the country after the Vietnamese military invasion in 1979, when relations between Vietnam and China were anything but good. In the middle of the 1990's the Chinese part of the Cambodian population was estimated at about 100,000, equaling slightly <1%. The number of remaining Chams is also around 100,000 (before Pol Pot's rule, there had been 2x- as many). The Chams had for several centuries settled in the territory north of Phnom Penh, but originally they were from the Danang area in present day Vietnam. Until the 15th century, the kingdom of Champa, centered near present day Danang, ruled the trade route between China and SE Asia. Subsequently, the Chams were pushed farther and farther to the South and West by the more numerous Vietnamese (Annamese). During the time of the decline of the realm of Angkor, they settled in the territory of present day Cambodia.

In the 17th century, after the Khmer king Chan converted to Islam and invited Malay Muslims into Cambodia, most Cham embraced Islam. The influence of Malay Muslims can be recognized today in many Cham customs, including the way they dress.

Only small numbers of ethnic Thais and Laotians live in Cambodia today. Their settlement areas are restricted to the western Cambodian town of Battambang and the respective border areas. One reason for the low penetration of Cambodia from these 2 neighboring countries is the topography of the border regions with Thailand and Laos. While there are no natural boundaries between Cambodia and South Vietnam (the region is 1 geographic entity) the borders with Laos and Thailand clearly follow the mountain ranges.

The gross national product (GNP) per capita in Cambodia is $1,266 per year. This figure has been arrived at by a new system of measuring, used by international organizations like the World Bank. Using the old method, the (GNP) of a country was initially calculated in the national currency and the resulting figure converted into USA Dollars at exchange rates prevailing among banks. But who in the world wants Cambodian Riel? The new system of measuring works differently. Per capita (GNP) is not expressed in currency, but in buying potential.
This means: the accumulated per capita (GNP) in Cambodia equals a buying potential sufficient for a certain amount of rice, meat, washing powder, etc. The USA dollar figure expresses what the same basket of goods would cost in the USA, or in worldwide average.
While average per capita (GNP) in Cambodia is $1,266, it is $5,665 in Thailand; in Vietnam it is lower than in Cambodia, $ 1,263. In Afghanistan, it is even lower at $760, and in Myanmar it's a meager $676 per year, barely more than half of the Cambodian figure. This does not necessarily mean that the average Cambodian is economically better off than the average Vietnamese. For in Cambodia, a substantial part of per capita (GNP) is still spent for war material. Today's Cambodians also start business at a lower level of per capita property, and furthermore, a substantial part of accumulated (GNP) is destroyed again and again by actions of war. The distribution of income may also be less equal in Cambodia, than in Vietnam. The fact is, the average Cambodian seems to be worse off than the average Vietnamese. A relevant point of reference here is that of the average life expectancy and medical provision rather than per capita (GNP.

Per capita (GNP), however, is a reference point for the natural resources of a country. Cambodia need not be a poor country, as shown by per capita (GNP) created under strenuous conditions. Cambodia owns large forests of the most precious woods and the most productive gem mines of the world (except diamonds). Much of the country is a fertile plain nurtured by one of the most powerful rivers of Asia, the Mekong. In fact, Cambodia could be a rich country. Its preconditions are several times better than those of Ethiopia, Turkey, Peru, Egypt, Afghanistan or Iraq. Though, in the absence of sufficient political stability, the economic growth potential cannot be realized. Therefore, per capita (GNP) in Cambodia, based on buying potential, amounts to only $1,266 per annum, while in Thailand it is $5,665, in the Philippines $2,440, and in China $2,413. In comparison: per capita (GNP), based on buying potential, is $20,165 in Germany, and $22,595 in the USA.

January 2005: 757-200, Far Eastern Air Transport (FAT) wet-leased.

March 2006: To add 1 727-200F and 1 A300F to launch new regional operations.

November 2006: 757-29J (27204, XU-AKB), Far Eastern Air Transport (FAT) wet-leased, ex-(B-27007) - see photo.

December 2006: MD-82 (XU-AKA), - see photo taken at Siem Reap.

January 2009: Angkor Airways (AOL) operates domestic services between Siem Reap (serving the World Heritage site of Angkor Wat) and Phnom Penh plus international scheduled charter services linking Siem Reap with ChengDu and Kunming in China, Tokyo, Japan, and with Kaohsiung and Taipei in Taiwan.

Main Base: Siem Reap International Airport (REP).

International, scheduled destinations: Taipei.

July 2009: Cambodia Angkor Air (AOL), a joint venture between the Cambodian government (51%) and Vietnam Airlines (VIE) (49%), was launched at a Phnom Penh ceremony. Officials said the start-up is capitalized at $100 million and will begin flying to Siem Reap and Ho Chi Minh City with 2 ATR72s, according to press reports from the capital. Deputy Prime Minister Sok An said (AOL) will operate an A321 in the "near future," and eventually will serve Sihanoukville and Bangkok. The country's Royal Air Cambodge shut down in 2001.

November 2009: A321-231 (3005, VN-A351), Vietnam Airlines (VIE) wet-leased ( - - SEE PHOTO - - "AOL-A321-2009-11").

January 2010: ATR72-212A (899, VN-B227), Vietnam Airlines (VIE) wet-leased.

March 2010: ATR 72-212A (906, VN-B231), Vietnam Airlines (VIE) wet-leased.

July 2010: Cambodia Angkor Air (AOL) has migrated to Sabre's SabreSonic customer sales and service system, partly to open opportunities to interline and code share with other airlines, said (CEO) Trinh Ngoc Thanh. He added that the new technology also
provides (AOL) with a platform to drive online sales
and maximize ancillary revenue.

(AOL), owned by the Cambodian government and the Vietnam Airlines (VIE) Corporation, operates 110x-weekly with 3 airplanes. Vietnam is its only international destination for now, but (VIE) plans to start flights to other SE Asian points, as well as to China and South Korea.

March 2012: See video - - "AOL-Visit Angkor Wat" - -

November 2012: Cambodia Angkor Air (AOL) as Cambodia's national flag carrier, operates scheduled regional flight services linking Siem Reap to Phnom Penh and Ho Chi Minh City. All services are operated undr a code share with Vietnam Airlines (VIE). Plans call for domestic services and direct flights to South Korea, China, and Japan.

(IATA) Code: K6 - 188. (ICAO) Code: KHV - (Callsign - AIR ANGKOR).

Parent organization/shareholders: Cambodian government (51%); and Vietnam Airlines (VIE) (49%).

Alliances: Vietnam Airlines (VIE).

Main Base: Phnom Penh International airport (PNH).

Hub: Siem Reap International airport (REP).

Domestic destinations: Phnom Penh; Siem Reap, and Sihanoukville.

International destinations: Ho Chi Minh City (Saigon).

December 2011: Cambodia Angkor Air (AOL) added service between Siem Reap Angkor International and Sihanoukville.


December 2012: Cambodia Angkor Air (AOL), the national carrier of Cambodia, inaugurated flights on the route from Siem Reap (REP), located in the vicinity of the popular tourist destination, to Bangkok (BKK) in Thailand. The launch of this daily service on November 30 broke Bangkok Airways (PGB)’s monopoly on the route, but at 35 weekly flights, the Thai carrier (PGB) still provides the lion’s share of capacity. Cambodia Angkor Air (AOL) will operate ATR72s on the route.

January 2013: Cambodia Angkor Air (AOL) became the 1st carrier to fly on the 1,100 km route from Cambodia’s Phnom Penh (PNH) to Vietnamese Hanoi (HAN). Trinh Hong Quang (CEO) of (AOL), said: “The 2 cities have never been linked with an air service before and we hope that the new route will help boost social and economic exchange.” Daily flights will be operated on the new route using A321s.

February 2013: Cambodia Angkor Air (AOL) started flying on the 500 km route from Phnom Penh (PNH) in Cambodia, to the Thai capital of Bangkok (BKK) on February 1. The daily schedule competes against the existing services from both Bangkok Airways (PGB) and Thai Airways (TII), which operate, respectively, 28x- and 14x- weekly departures on the route. The route operates using A321s leased from its shareholder, Vietnam Airlines (VIE). Since the beginning of 2013, Cambodia Angkor Air (AOL) has already launched services from Phnom Penh to Hanoi, as well as increased frequencies on 2 routes to Siem Reap.

August 2013: Philippine Airlines (PAL) has moved the closing date for its investment in Cambodia Airlines to mid-October. (PAL) had originally planned to make a down payment of $1 million in Cambodian Airlines by July 15, but has advised the Philippines Stock Exchange that this has been delayed to October 15.

(PAL) will take a 49% stake in Cambodia Airlines for a total of $10 million through a joint venture (JV) transaction with parent company Inter Logistics. (PAL)’s board approved the investment on April 25.

(PAL) has said previously that it intends to deploy between 16 and 22 airplanes to the fleet of the new Cambodian carrier, which will compete against Vietnam Airlines (VIE)-backed carrier, Cambodia Angkor Air (AOL).

October 2013: Cambodia Angkor Air (AOL) now operates daily flights from Siem Reap (REP) to Guangzhou (CAN) using its A321s. (AOL) faces direct competition from China Southern Airlines (GUN)’s daily service on the 1,470 km route. Guangzhou becomes (AOL)’s 2nd Chinese destination from Siem Reap, as it also serves Xiamen, with 3x-weekly flights.

January 2014: Cambodia Angkor Air (AOL) has begun serving Shanghai Pudong (PVG). On December 26th, (AOL) began 3x-weekly flights on the 2,780 km route from Phnom Penh (PNH), with 3x-weekly flights on the 2,690 km route from Siem Reap (REP) starting the following day. Both routes will be served by (AOL)’s A321s and will face competition from China Eastern Airlines (CEA), with Spring Airlines (CQH) also operating the Siem Reap route.

February 2014: Cambodia's aviation market grew briskly for the 2nd consecutive year as national and foreign airlines added routes to China amid a surge in Chinese nationals visiting the country.

Cambodia has emerged as one of the fastest growing markets in SE Asia, recording +18% passenger growth for the 2nd consecutive year in 2013.

Cambodia's 3 commercial airports (Phnom Penh, Siem Reap and Sihanoukville) handled 5.1 million passengers in 2013, representing a +18% increase over the 4.3 million passengers handled in 2012, based on figures from Cambodia Airports.

The Cambodian market also recorded +18% growth in 2012, which followed +13% growth in 2011 and +14% growth in 2010. "Continued expansion at flag carrier Cambodia Angkor Air (AOL), which has tripled the size of its still relatively small international network over the past 18 months, should lead to more rapid growth in 2014."

There will also be continued growth from foreign carriers, including from 6 carriers which entered the market in the 4th quarter 2013. But there is a threat of political instability potentially dampening demand. The Cambodian market has almost doubled in size since 2009. But the growth comes from a relatively small base and after declines in 2008 and 2009, when Cambodia was significantly impacted by the global financial crisis.

The report notes China emerges as the biggest growth driver for Cambodia's aviation market. "European traffic, which mainly reaches Cambodia via Bangkok or Ho Chi Minh, has recovered. But the biggest driver of growth over the past 2 years has been Asian markets, particularly China and Vietnam."

Based on Cambodia Ministry of Tourism data for the 1st 11 months of 2013, visitor arrivals from China were up +40% to 417,000. China now accounts for 11% of visitor arrivals. China visitor arrivals have quadrupled since 2009. In 2009 Cambodia recorded only 128,000 Chinese visitors for the full year, accounting for 6% of the total.

Europe back in 2009 accounted for 37% of all visitors to Cambodia. In the 1st 11 months of 2013, Europe accounted for 16% of total visitor arrivals.

Although China will almost certainly overtake Europe within the next couple of years as a larger source market, arrivals from Europe are again increasing. In the 1st 11 months of 2013, European arrivals increased by +15% to 617,000. France, the UK and Germany are the main European source markets.

Cambodia Angkor Air (AOL) has been keen to capitalize on the boost in Chinese visitors and launched a new Siem Reap to Fuzhou 3x-weekly service on February 1st. All 5 of (AOL)'s other China routes are also currently served with 3x-weekly flights, except Guangzhou to Siem Reap, which is served daily. (AOL) also has launched some charter routes to China over the last year, including to Xiamen.

A 2nd smaller Cambodian carrier, SkyWings Asia Airlines (SWM), also operates some charters to China but focuses primarily on the Cambodia to Korea market with scheduled A320 flights from Siem Reap to Seoul and Busan. (SWM), which is registered in Cambodia but based in Seoul, also serves the Siem Reap to Hanoi route.

Total scheduled capacity from Cambodia to China has increased by >50% over the last year.

Total one-way capacity between the 2 countries in the 1st half of 2014 will fluctuate between about 10,000 and 13,000 weekly one-way seats (the market is highly seasonal).

(AOL) will capture an estimated 19% share of the scheduled Cambodia to China market in April this year, up from about 14% currently and zero just a few months ago.


October 2014: SEE ATTACHED - - "AOL-2014-10 - BUDDHA ABOVE."

September 2015: Cambodia Angkor Air (AOL) currently operates 5 aircraft to 4 countries, 9 destinations, on 10 routes and 23 daily flights.

January 2017: Vietnam Airlines (VNA) and its subsidiaries earned a consolidated pre-tax profit of $113.7 million in 2016, which represents a 140% increase on the previous year, according to the company’s initial estimates.

The Hanoi-based carrier’s core operation is estimated to have contributed $72.7 million in pre-tax profit, >5x- the profit from 2015. The company is majority owner of Vietnam-based low-cost carrier Jetstar Pacific and part-owner of Cambodia’s Angkor Air. Regional carrier VASCO is a (VNA) subsidiary.

The group recorded $3.45 billion in consolidated revenue for 2016, up 10% from 2015. VNA contributed $2.7 billion of the total. The airline increased its passenger total by 18.7%, and its cargo volume was 10% ahead of its plan.

The carrier’s profit projection comes in the same week as its Jan. 3 listing on the Hanoi Stock Exchange. The company is still 86% owned by the government, and strategic investor All Nippon Airways holds a share of almost 9%. Some shares were made available to the public and employees in a previous initial public offering.


Click below for photos:
AOL-A321-200 - 2015-07.jpg

November 2018:


0 757-29J (PW2037) (591-27204, /94 XU-AKB, - SEE PHOTO), (FAT) WET-LSD 2005-01, (AGAIN) 2006-11, EX-(B-27007). (ETOPS) EQUIPPED. RETURNED & LEASED TO (GSW) 2009-09. 218Y.



2 A320-200.

1 A321-231 (V2533-A5) (2480, /05 VN-A349; 3005, /07 VN-A351 - - SEE PHOTO - - "AOL-A321-2009-11"), (VIE) WET-LEASED 2009-11) WITH "CAMBODIA ANGKOR AIR" TITLES. 3005 RETURNED. 16C, 168Y.

3 A321-231 (V2533-A5) (4826, /11 VN-A327; 5343, /12 VN-A394; 5427, /12 VN-A398), (VIE) WET-LEASED 2012-12. 16C, 168Y.

3 ATR72-500 (PW127F) (685, VN-B212, 2009-10; 899, VN-B227, 2010-01; 906, VN-B231, 2010-03), (VIE) WET-LEASED. 685; RETURNED. 68Y.







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