Press Release

On November 14, at the CAPA Asia Aviation Summit, an event gathering in Singapore leaders of the aviation and travel sectors, Phnom Penh International Airport has been recognized as “... the regional airport that has established itself as a leader and done the most to advance the progress of the aviation industry.”

CAPA Centre for Aviation is a world leading and trusted organization providing “market intelligence for the aviation and travel industry”. Its Aviation Awards for Excellence have been established since 2002 and include 10 categories (https://centreforaviation.com/about/capa-awards). Selected by an independent panel of judges, the Regional Airport of the Year accolade is bestowed to “the regional airport that has been the biggest standout strategically, has established itself as a leader and done the most to advance the progress of the aviation industry. [...] It is intended to recognize smaller airports – fewer than 10 million annual passengers – that rely primarily on short haul routes.”

CAPA lays out the choice of Phnom Penh International Airport for “adopting an innovative strategy that has led to sustained passenger growth of more than 25% over two years (2017/2018) and of 15% in Q1-Q3. CAPA underscores “the very rapid completion of works” pertaining to the runway, “thereby expanding the potential for new long haul services”, and the airport’s contribution (together with the 2 other airports in Siem Reap and in Sihanoukville) to Cambodia’s total GDP and to creating jobs.

CAPA Chairman emeritus Peter HARBISON said: “Over the three years from 2015 to 2018, Phnom Penh Airport grew its passenger volume by 50%, requiring enormous adjustments to its operating regime. At the same time cargo payload capacity has almost doubled. The expansion was the result of a well-coordinated programme of business development.”

Alain BRUN, CEO of Cambodia Airports, said: “As a small airport, Phnom Penh International Airport benefits from an ability to easily adapt and respond to our customers’ needs, which is demonstrated by winning this award. This accolade is testament to the relevance of the airport Public Private Partnership model, powered by Vinci Airports, under which Phnom Penh International Airport has been successfully developed over the last 25 years. Our model warrants long-term vision, reliability, and continuous investments, which translate into solid passenger growth, from 600,000 to 6 million by the end of 2019, significant infrastructure projects and operational efficiency.”

About Cambodia Airports:

Under a public-private partnership signed with the Royal Government of Cambodia in 1995, Cambodia Airports holds the concession for the development and management of Cambodia’s network of international airports serving the capital city of Phnom Penh, Siem Reap, home to the UNESCO World Heritage Angkor Archaeological Complex, and the port city and beach resort of Sihanoukville.

The shareholders of Cambodia Airports are France’s VINCI Airports (70%) and Muhibbah Masteron Cambodia (30%), a Malaysian-Cambodian joint venture. VINCI Airports manages the development and operation of 46 airports in France, Portugal, the UK, Sweden, Serbia, Cambodia, Japan, the US, the Dominican Republic, Costa Rica, Chile, and Brazil. VINCI Airports is the second largest airport operator in the world, handling 240 million passengers each year and served by around 250 airlines.

In 2018, the number of passengers going through Cambodia’s international airports totaled nearly 10.6 million, 5.4 million for Phnom Penh Airport and 4.4 million for Siem Reap Airport. From a low base but experiencing nearly triple-digit growth, Sihanoukville International Airport handled more than 650,000 passengers. All 3 platforms serve 55+ destinations and welcome 700 regular flights per week.

More comprehensive information is available on www.cambodia-airports.com

About VINCI Airports:

VINCI Airports, as the leading private airport operator in the world, manages the development and operation of 46 airports located in France, Portugal, the United Kingdom, Sweden, Serbia, Cambodia, Japan, the United States, Dominican Republic, Costa Rica, Chile, and Brazil. Served by around 250 airlines, VINCI Airports' network handled 240 million passengers in 2018. Through its expertise as a comprehensive integrator, VINCI Airports develops, finances, builds and operates airports, leveraging its investment capability, international network, and know-how to optimize the management and performance of existing airport infrastructure, facility extensions and new-build construction projects. In 2018, its annual revenue for managed activities amounted to €3.6 billion, for consolidated revenue of €1.6 billion.

More comprehensive information is available on www.vinci-airports.com