Aviation revenue released, no clear figures
Aviation revenues have been released by government officials who were hesitant to reveal details but said yesterday the figures had increased by about three per cent. Mao Havannal, secretary of state for the Civil Aviation Secretariat, said after yesterday’s opening of a seminar on aviation insurance that the state’s income from aviation was about three per cent higher for the first six months compared with the corresponding period last year. … The assumption was that state revenue for Cambodia was about US$7 million for the first six months of 2012, although the combined annual income was about $15 million, he said. The income is generated through the rental of office space to other companies, the air traffic control service and airport fees, which of late have come under criticism from AirAsia CEO and founder Tony Fernandes for being too high. …
