Opportunities and Challenges in Cambodia's Economy: The Path to Investing in Cambodia Airways' IPO

Recently, Cambodia Airways announced its plan to raise $45 million by offering shares on the NASDAQ stock exchange. The airline wants to sell 10 million shares at a price between $4 and $5 each. This move is part of its strategy to strengthen its position as Cambodia’s only full-service airline. Cambodia Airways mainly operates from Phnom Penh and flies to destinations in China and Southeast Asia with a fleet of five Airbus planes. In 2024, the airline showed strong recovery, carrying 345,628 passengers—an increase of 128% compared to the previous year. If the IPO is successful, Cambodia Airways would become the first Cambodian company to be listed on NASDAQ. Donovan Jones, an expert in IPOs , expressed concerns about Cambodia Airways’ past financial performance, which might make some investors unsure about the company’s ability to deliver steady profits. However, he also pointed out that the aviation market in Southeast Asia is expected to grow, with more middle-class consumers drivin...