Lithuania’s Small Planet Airlines secures Cambodian AOC

Small Planet Airlines has obtained a Cambodian air operator’s certificate to help counter European market seasonality. Small Planet Airlines, which launched in 2009, already holds AOCs in 3 European countries: Lithuania, Poland and Germany. It will operate in Cambodia as a new company, using its existing branding. “Due to a challenging seasonality in Europe, since 2012 we have been moving part of our fleet to Asia in the winter. Last year we implemented highly successful projects in India, Saudi Arabia and Cambodia, and managed to fly more block hours in Asia than we did in Europe,” Small Planet Airlines CE Kristijonas Kaikaris said. The new Cambodian-based company is 51%-owned local investor Aviation Invest Cambodia. Small Planet Group owns 29% and the remaining 20% belongs to the company’s CEs. <br/>