Cambodian aviation to join the Cape Town Convention?
By
B2B Cambodia
on
The State Secretariat of the Civil Aviation (SSCA) is looking at the possibility of joining the Cape Town Convention with the aim of increasing the Kingdom's competitiveness.
Over this past week, a joint conference between the SSCA, Boeing Co and the US embassy to Cambodia was held. Representatives included Mao Havannal, the minister in charge of the SSCA, Patrick Murphy, the US ambassador to Cambodia, and members of relevant ministries, government agencies and Cambodia Angkor Air.
Havannal said that joining the convention will provide Cambodia with economic benefits:
- Reduce borrowing and financing costs for airlines and airline operations.
- Reduce the cost of renting or purchasing aircraft and equipment.
- Increase financing options so ticket prices would be lower.