An aircraft of national carrier Cambodia Angkor Air. (Photo: flightsnation.com)
Phnom Penh (VNA) – Cambodia’s aviation industry isalmost completely decimated due to travel restrictions triggered by the COVID-19,with air passenger numbers dropping more than 90 percent as of April this year,the Khmer Times reported.
On a positive note, the sector is expected to make arecovery some time in the second half of the year, the newspaper said.
According to Sin Chansereyvutha, spokesperson of the CambodianState Secretariat of Civil Aviation (SSCA), passenger numbers fell bymore than 20 percent in January, over 50 percent in February, over 70 percentin March and more than 90 percent in April.
The impact of COVID-19 on the aviation sector has been“huge,” he told a press conference on April 16.
The International Civil Aviation Organisation (ICAO) hasrecently forecast two scenarios on the impact of the COVID-19 pandemic, basedon either a V or U-shaped scenario.
The V-shaped would compare with the experiences of SevereAcute Respiratory Syndrome (SARS) in 2003. Based on this scenario, theaviation sector drops fast but quickly recovers.
Currently there are no local airline companies that haveannounced bankruptcy, said Sin. Local carriers are surviving as the Cambodiangovernment’s policy has offered exemption of minimum tax for three months andallowed airlines to set up debt-repayment plans, he added.
In addition, some flights from the Republic of Korea,Japan, China and Dubai are still operating.
At present, Cambodia has five domestic airlines and onenational carrier. The majority of the local airlines are targeting the Chinesemarket which has also been severely impacted by the COVID-19 pandemic.
There are almost no flights in Cambodia; while China allowsonly one flight per week for one airline from Cambodia. They are losing hugeprofits and they have cut staff and reduced staff salaries, Sin said.
Though during this tough situation in the aviation sector,there are still some new investments in airports and the expansion ofexisting international airports are still ongoing, he noted./.
