17.02.2021 – 07:44 UTC
Cambodia is looking to sign up to the Cape Town Convention on International Interests in Mobile Equipment.
The country’s State Secretary for Civil Aviation, Mao Havannall, and the United States ambassador to Cambodia W. Patrick Murphy met recently to discuss various topics including Cambodia joining the international treaty.
Havannall said that Cambodia would review the Cape Town Convention through a working group and “achieve satisfactory results as soon as possible”. He expressed the hope that the US would provide technical assistance and assign experts to guide the civil aviation task force.
This is good news for aircraft manufacturers, owners, lessors, and financiers interested in the Cambodian market as the Cape Town Convention standardises transactions involving movable assets such as aircraft and aircraft parts. It would open up the country, which to date, may have been deemed too risky for creditors to lend into and which may have deterred financiers and lessors from doing business with local operators.
The primary purpose of the Cape Town Convention is to protect the interest of aircraft sellers, purchasers, and creditors…
06.11.2020 – 10:33 UTC
China has suspended flights by ten airlines after some of their passengers tested positive for COVID-19 on arrival in the country.
According to directives issued by the Civil Aviation Administration of China (CAAC), this includes the second suspension of China Southern Airlines’s service between Dhaka and Guangzhou. The flight has been grounded for four weeks from November 30, 2020, after it was already suspended for a week on November 2, 2020. The airline’s service from Manila Ninoy Aquino Int’l to Guangzhou was also suspended for a week from November 2.