Lanexang Airways International (5A, Vientiane) has concluded an agreement with the LAO Development Bank to provide USD 15 million in funding, develop new routes for privately owned carriers, and begin searching for additional aircraft.
An airline press conference, published in the Vientiane Times on February 7, said that a contract was recently signed between the banks. This is a joint venture between Chaleun Sekong Energy (70%) and Laotian Ministry of Finance (30%). , and airlines that were only released in early 2024.
“The funding will help airlines develop new routes and provide high quality services at reasonable cost to premium low-cost airline markets in Laos and Southeast Asia,” the statement said. “These efforts will also support tourism and the Lao economy, and will help Ranexan Airways International emerge as the region’s leading airline.”
Lanexang Airways International operates six airports in two ATR72-500s around Laos: Luang Prabang, Vientiane, Muang Ton Pheung, Pakse, Sam Neua and Savannakhet. ATR – We plan to increase the Avions de Transport Regional Turboprops to 5 later this year, and add unspecified Airbus aircraft types.
Ch-Aviation contacted carriers for further details about future fleets.
According to the CH-Aviation Pro Airlines module, there are three active scheduled passenger operators based in LAOS. In addition to Lanexang Airways International, the large-scale state-owned Lao Airlines (QV, Vientiane) operates 12 aircraft at 21 airports in six countries, while Lao Skyway (LK, Vientiane) has five aircraft. There are aircraft and fly to 11 airports across Laos.
