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Cambodia Airways Co., Ltd.: Business Overview, Financials & Competitive Analysis

Cambodia Airways Co., Ltd. scores 6/10 on the AskCyborg Cyborg Score (Solid). Mid-market regional carrier executing modest but meaningful growth with underdeveloped upside in Southeast Asia's aviation market. Cambodia Airways is establishing itself as Cambodia's leading full-service carrier with growing regional connectivity and ambitious fleet expansion plans. However, as a relatively young carrier (founded 2017) with limited financial transparency and.

What is Cambodia Airways Co., Ltd.'s industry? Cambodia Airways Co., Ltd. (cambodiaairways.com) operates in Air Transportation. AskCyborg classifies Cambodia Airways Co., Ltd. under Air Transportation in its company registry.

Cambodia Airways Co., Ltd. is a local Cambodian airline based in Phnom Penh, established in September 2017 with its inaugural flight on July 10, 2018, flying from Phnom Penh to Siem Reap. It is the sole full-service a...

6/ 10Solid

Cyborg Score thesis

Mid-market regional carrier executing modest but meaningful growth with underdeveloped upside in Southeast Asia's aviation...

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Industry Air Transportation
4 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: September 7, 2026
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What's in This Report
Cambodia Airways Co., Ltd. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Cambodia Airways Co., Ltd. Overview

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Cambodia Airways Co., Ltd. is a local Cambodian airline based in Phnom Penh, established in September 2017 with its inaugural flight on July 10, 2018, flying from Phnom Penh to Siem Reap. It is the sole full-service airline based in Cambodia, primarily operating from Phnom Penh and providing commercial airline services throughout China and Southeast Asia.

Strategic Profile

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As of January 2024, Cambodia Airways is the third largest airline in Cambodia by passenger traffic. The airline plans to bolster its fleet with some 20 Airbus aircraft by 2030, as it seeks to expand intercontinental routes to Australia and Europe through code-share partnerships. Cambodia Airways has operation centres in Phnom Penh, Siem Reap and Sihanoukville.

Competitive Landscape

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Cambodia Airways faces limited direct competition domestically as Cambodia's sole full-service carrier, though regional competitors including Vietnam Airlines, Thai Airways, AirAsia (operating as AirAsia Cambodia), and Sky Angkor Airlines operate in the market. International carriers from China, Thailand, and Southeast Asia provide indirect competition on regional routes.

Industry Context

Cambodia Airways Co., Ltd. operates in Air Transportation.

Key facts

Founded: 2017 · Headquarters: Phnom Penh, Cambodia

What the analysts stress-tested

The top findings that survived the multi-agent debate for Cambodia Airways Co., Ltd..

  • Only full-service airline operating in Cambodia with hub operations in Phnom Penh, Siem Reap, and Sihanoukville
  • Third-largest airline by passenger traffic in Cambodia as of January 2024
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Recent developments

Material events tracked by the AskCyborg corpus.

  • May 2025Attendance at Routes World 2025 conference
  • September 2025Updated airline requirements on industry platform
  • +1 moreTrack every material event for Cambodia Airways Co., Ltd. as it happens. Explore monitoring →
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Named competitors

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Industry context

Cambodia Airways Co., Ltd. operates in Air Transportation. See how the rest of the sector scores on the Cyborg framework.

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How AskCyborg builds confidence

Analyst debate, not single-author opinion

Every report is stress-tested by a panel of AI analysts arguing across 11 dimensions. The output is the part of the case that survived pushback.

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Recalibrated weekly

The Cyborg Score is recomputed weekly against fresh data. Recent material developments are continuously tracked and surfaced.

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Methodology open at /methodology

The framework, dimensions, and band breakdowns are documented. The same company gets the same score from any analyst running the framework.

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Sources: public filings, regulatory data, news flow, and proprietary analyst signals. Read the methodology →

Frequently asked questions

What does Cambodia Airways Co., Ltd. do?+
Cambodia Airways Co., Ltd. is a local Cambodian airline based in Phnom Penh, established in September 2017 with its inaugural flight on July 10, 2018, flying from Phnom Penh to Siem Reap. It is the sole full-service a...
What is Cambodia Airways Co., Ltd.'s Cyborg Score?+
Cambodia Airways Co., Ltd. has a Cyborg Score of 6/10 (Solid). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Cambodia Airways Co., Ltd.'s main competitors?+
Named competitors include Vietnam Airlines, Thai Airways, AirAsia Cambodia, Sky Angkor Airlines. The full competitive landscape is in the AskCyborg report.
How can I get the full Cambodia Airways Co., Ltd. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Cambodia Airways Co., Ltd. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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