News
PAL still keen on Cambodia Air venture
FLAG carrier Philippine Airlines (PAL) has not lost its interest in pursuing a joint-venture agreement with Royal Group of Cambodia (RGC) to establish Cambodia Airlines Co. Ltd. PAL President Ramon S. Ang confirmed that his airline’s discussions for investment in the Cambodian carrier are ongoing, as ...
Lorenz S. Marasigan
http://www.businessmirror.com.ph/index.php/en/business/companies/32817-pal-still-keen-on-cambodia-air-venture
For Royal Group, sale not desired
Executives from Australia and New Zealand Banking Group Limited (ANZ) and local partner Royal Group of Companies (RGC) both went into damage control yesterday after comments by ANZ chief executive officer Mike Smith suggesting the joint banking venture between the two was on the rocks. Royal ...
Daniel de Carteret
http://www.phnompenhpost.com/business/royal-group-sale-not-desired
One airline is enough: report
Cambodia’s aviation sector doesn’t need a second domestic carrier, according to a new report from the Australia-based Centre for Aviation (CAPA). The report, published yesterday, is the latest instalment in a two-part analysis of the country’s aviation industry, and focuses on Cambodia Airlines, the Royal Group ...
Eddie Morton
http://www.phnompenhpost.com/business/one-airline-enough-report
Royal Group Says Cambodia Air Still on Track
Local conglomerate Royal Group has denied that its join venture with Philippine Airlines (PAL) to create Cambodia’s second national carrier has stalled, despite recent remarks by PAL’s president that his company has delayed its investment due to the current political tension here. On Thursday, PAL’s president ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-says-cambodia-air-still-on-track-51082/
PAL vows to pursue Cambodia airline deal with local tycoon
Philippine Airlines continues to pursue talks to form a new Cambodian flag carrier with local telecommunications, banking and property tycoon Kith Meng despite missing a deadline to close the deal for a second time this week, its top executive said. PAL president Ramon S. Ang said ...
Business Inquirer Net News Staff
http://business.inquirer.net/148155/pal-vows-to-pursue-cambodia-airline-deal-with-local-tycoon
PAL expects Cambodia Air deal to push through
Flag carrier Philippine Airlines (PAL) expects no more delays in the completion of the deal with Royal Group of Cambodia (RCG) to form Cambodia Airlines Co. Ltd. Yes, it should be done,” said PAL President Ramon Ang in a text message, when asked if the ...
Lenie Lectura
http://www.abs-cbnnews.com/business/09/26/13/pal-expects-cambodia-air-deal-push-through
PAL to complete investment in Cambodia Air in July
PAL Holdings Inc., operator of flag carrier Philippine Airlines Inc., said Monday it expects to complete a $10-million investment in Cambodia Air by July 15 this year. PAL teamed up with Royal Group of Cambodia in April to establish its first international airline venture known as ...
http://manilastandardtoday.com/2013/05/28/pal-to-complete-investment-in-cambodia-air-in-july/
PAL seeks CAB green light for flights to Turkey, Kuwait, Cambodia
Flag carrier Philippine Airlines is eying flights to Kuwait, Turkey, and Cambodia starting next year amid its refleeting and expansion program, the Civil Aeronautics Board said Wednesday. PAL has filed petitions with the industry regulator for flights to Istanbul in Turkey, Phnom Penh in Cambodia, and ...