New CAA Fleet To Take Flight

Cambodia Angkor Air (CAA) intends to acquire seven more planes by 2015, more than doubling its existing fleet of five, as the airline plans new routes in the next few years to China, South Korea, Hong Kong and India.

The plan was unveiled at an industry workshop in Phnom Penh two days ago. By 2015, the airline which currently has three Airbus A321 for international flights and two ATR-72 turboprop planes serving mostly domestic destinations will have six of each aircraft model, a company representative said at the workshop. …

CAA’s vice chief executive, Lim Kao, said the new acquisitions will begin with an ATR-72, likely to be brought in around July or August this year. “This is to prepare for the high season for tourism [from November],” he said. …

A new Airbus A321 costs about $110 million, while the leasing fee is $300,000 per month. …

http://www.phnompenhpost.com/2013042665258/Business/new-caa-fleet-to-take-flight.html