Cambodia tries again
AFP reports that Cambodia is to yet again try a national airline — its previous effort folded in 2001, officials said Friday. The government will ally with two private Indonesian firms, which will provide all the investment and absorb any losses that may arise, Deputy PM Sok An said at a signing ceremony. “It’s a great day … a day for which we have waited a very long time,” Sok An said as he celebrated the deal for the as yet unnamed airline. The govt hopes to start flights within six months to take advantage of the booming tourism sector and will have a 51% stake in the venture, Sok An said. One wonders if one of the Indonesian partners is Adam Air — the accident-prone Indonesian airline, which recently announced plans to expand regionally..
Prahok @ November 26, 2007