The airline noticed ticket gross sales collapse.
Royal Air Philippines has plunged into liquidation (Picture: Getty)
A distinguished airline has unexpectedly grounded its whole business operation after coming into liquidation. Following greater than twenty years of service, Royal Air Philippines shut down earlier this 12 months
On January 4, the airline introduced it was scrapping all business flights in a growth that left between 3,000 and 4,000 passengers holding tickets for journeys scheduled between January and March 2026 scrambling to search out different preparations.
The airline’s web site stated: “We’re engaged on offering refunds and hope to renew flights at an unspecified date sooner or later. Thanks to your endurance and understanding. We eagerly anticipate welcoming you aboard quickly.”
The service, which was owned by Cambodia-registered Lanmei Group, encountered growing difficulties sustaining its enterprise mannequin as its major market of Chinese language and Korean holidaymakers diminished.
The airline’s deteriorating scenario grew to become obvious through the first 9 months of 2025, as worldwide passenger figures dropped to 51,800, while home site visitors plummeted by 63 % to 38,800.
This decline got here after a short-lived interval of progress in 2023 and 2024, when passenger numbers climbed to 100,000 and 116,000. Royal Air Philippines was established in 2002 as a constitution service, earlier than transitioning to a low-cost service mannequin in 2018. The airline launched into its maiden passenger flight eight years in the past, flying between Cebu and Macau.
Headquartered in Manila, the constitution and cargo airline – extra generally known as Royal Air – obtained its licence to function business flights in 2017 and swiftly broadened its community.
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On the top of its operations, the airline catered to a number of worldwide locations, together with Cambodia, China, South Korea, Hong Kong, and Taiwan.
Royal Air Philippines was below the possession of Lanmei Group, often known as the Lancang-Mekong Group, a non-public enterprise registered in Cambodia and supported by Chinese language civil capital. The group was based and is chaired by Li Kun, the previous president of Shenzhen Airways.
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