{"id":207529,"date":"2022-07-01T01:15:00","date_gmt":"2022-06-30T17:15:00","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=207529"},"modified":"2022-07-01T04:15:49","modified_gmt":"2022-06-30T20:15:49","slug":"lao-airlines-shares-up-for-sale","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/","title":{"rendered":"Lao Airline\u2019s shares up for sale"},"content":{"rendered":"\n<p>VIENTIANE, 1 July 2022: Moves are afoot for the Lao government to off-load 49% of its shares in Lao Airlines to stem mounting losses, according to a Smart Aviation Asia Pacific report.<\/p>\n\n\n\n<p>It quoted local news sources quoting the country\u2019s prime minister Phankham Viphavanh, telling the National Assembly that nearly all \u201cstate-owned enterprises are losing money and, rather than helping to drive the economy, they are proving to be a heavy burden on the government which has to subsidise these businesses.\u201d<\/p>\n\n\n\n<p>The government plans to retain at least a 51% stake in flag carrier Lao Airlines, but the immediate challenge is to find private investors willing to buy a 49% stake in the loss-ridden airline. It&#8217;s not a new journey for the airline. Over the years, it has entered into various partnerships with foreign airlines, some including equity that failed to turn around the national airline&#8217;s performance.<\/p>\n\n\n\n<p>&nbsp;It is doubtful that private investors would take a minority stake in the airline without having complete control over the management and financial policy. Lao Airlines is a state-owned enterprise under the Lao PDR\u2019s Ministry of Public Works and Transport.<\/p>\n\n\n\n<p>Earlier this month, the airline resumed international services, with the Luang Prabang-Bangkok route one of the first to be reactivated on 17 June. It flies the route three times a week on Monday, Wednesday and Friday, departing Luang Prabang at 1000 and arriving in Bangkok at 1200. The airline&#8217;s booking website offers a starting return fare of USD276.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VIENTIANE, 1 July 2022: Moves are afoot for the Lao government to off-load 49% of its shares in Lao Airlines to stem mounting losses, according to a Smart Aviation Asia Pacific report. It quoted local news sources quoting the country\u2019s prime minister Phankham Viphavanh, telling the National Assembly that nearly all \u201cstate-owned enterprises are losing [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[469,7],"tags":[],"class_list":{"0":"post-207529","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-airlines","7":"category-laos"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lao Airline\u2019s shares up for sale - TTR Weekly<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lao Airline\u2019s shares up for sale - TTR Weekly\" \/>\n<meta property=\"og:description\" content=\"VIENTIANE, 1 July 2022: Moves are afoot for the Lao government to off-load 49% of its shares in Lao Airlines to stem mounting losses, according to a Smart Aviation Asia Pacific report. It quoted local news sources quoting the country\u2019s prime minister Phankham Viphavanh, telling the National Assembly that nearly all \u201cstate-owned enterprises are losing [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/\" \/>\n<meta property=\"og:site_name\" content=\"TTR Weekly\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/web.facebook.com\/TTRweekly\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-30T17:15:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-30T20:15:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/07\/lao-airlines.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1776\" \/>\n\t<meta property=\"og:image:height\" content=\"1184\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"TTR WEEKLY\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/ttrweekly\" \/>\n<meta name=\"twitter:site\" content=\"@ttrweekly\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"TTR WEEKLY\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/\"},\"author\":{\"name\":\"TTR WEEKLY\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#\/schema\/person\/0969996ed7cd03b896cfdbc063a1dd93\"},\"headline\":\"Lao Airline\u2019s shares up for sale\",\"datePublished\":\"2022-06-30T17:15:00+00:00\",\"dateModified\":\"2022-06-30T20:15:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/\"},\"wordCount\":250,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#organization\"},\"articleSection\":[\"AIRLINES\",\"LAOS\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/\",\"url\":\"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/\",\"name\":\"Lao Airline\u2019s shares up for sale - TTR Weekly\",\"isPartOf\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#website\"},\"datePublished\":\"2022-06-30T17:15:00+00:00\",\"dateModified\":\"2022-06-30T20:15:49+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.ttrweekly.com\/site\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Lao Airline\u2019s shares up for sale\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#website\",\"url\":\"https:\/\/www.ttrweekly.com\/site\/\",\"name\":\"TTR Weekly\",\"description\":\"News for Southeast Asia&#039;s travel planners. Latest news, travel news, B2B news, Southeast Asia, Thailand, Vietnam, Myanmar, Cambodia, Laos, Singapore, Malaysia, Indonesia, Philippines and Brunei.\",\"publisher\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ttrweekly.com\/site\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#organization\",\"name\":\"ttrweekly\",\"url\":\"https:\/\/www.ttrweekly.com\/site\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/07\/TTRW-272-01.png\",\"contentUrl\":\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/07\/TTRW-272-01.png\",\"width\":1133,\"height\":375,\"caption\":\"ttrweekly\"},\"image\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/web.facebook.com\/TTRweekly\/\",\"https:\/\/x.com\/ttrweekly\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#\/schema\/person\/0969996ed7cd03b896cfdbc063a1dd93\",\"name\":\"TTR WEEKLY\",\"sameAs\":[\"https:\/\/www.ttrweekly.com\",\"https:\/\/x.com\/https:\/\/twitter.com\/ttrweekly\"],\"url\":\"https:\/\/www.ttrweekly.com\/site\/author\/e-newswire\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Lao Airline\u2019s shares up for sale - TTR Weekly","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/","og_locale":"en_US","og_type":"article","og_title":"Lao Airline\u2019s shares up for sale - TTR Weekly","og_description":"VIENTIANE, 1 July 2022: Moves are afoot for the Lao government to off-load 49% of its shares in Lao Airlines to stem mounting losses, according to a Smart Aviation Asia Pacific report. It quoted local news sources quoting the country\u2019s prime minister Phankham Viphavanh, telling the National Assembly that nearly all \u201cstate-owned enterprises are losing [&hellip;]","og_url":"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/","og_site_name":"TTR Weekly","article_publisher":"https:\/\/web.facebook.com\/TTRweekly\/","article_published_time":"2022-06-30T17:15:00+00:00","article_modified_time":"2022-06-30T20:15:49+00:00","og_image":[{"width":1776,"height":1184,"url":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/07\/lao-airlines.jpeg","type":"image\/jpeg"}],"author":"TTR WEEKLY","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/ttrweekly","twitter_site":"@ttrweekly","twitter_misc":{"Written by":"TTR WEEKLY","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/#article","isPartOf":{"@id":"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/"},"author":{"name":"TTR WEEKLY","@id":"https:\/\/www.ttrweekly.com\/site\/#\/schema\/person\/0969996ed7cd03b896cfdbc063a1dd93"},"headline":"Lao Airline\u2019s shares up for sale","datePublished":"2022-06-30T17:15:00+00:00","dateModified":"2022-06-30T20:15:49+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/"},"wordCount":250,"commentCount":0,"publisher":{"@id":"https:\/\/www.ttrweekly.com\/site\/#organization"},"articleSection":["AIRLINES","LAOS"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/","url":"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/","name":"Lao Airline\u2019s shares up for sale - TTR Weekly","isPartOf":{"@id":"https:\/\/www.ttrweekly.com\/site\/#website"},"datePublished":"2022-06-30T17:15:00+00:00","dateModified":"2022-06-30T20:15:49+00:00","breadcrumb":{"@id":"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.ttrweekly.com\/site\/2022\/07\/lao-airlines-shares-up-for-sale\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ttrweekly.com\/site\/"},{"@type":"ListItem","position":2,"name":"Lao Airline\u2019s shares up for sale"}]},{"@type":"WebSite","@id":"https:\/\/www.ttrweekly.com\/site\/#website","url":"https:\/\/www.ttrweekly.com\/site\/","name":"TTR Weekly","description":"News for Southeast Asia&#039;s travel planners. Latest news, travel news, B2B news, Southeast Asia, Thailand, Vietnam, Myanmar, Cambodia, Laos, Singapore, Malaysia, Indonesia, Philippines and Brunei.","publisher":{"@id":"https:\/\/www.ttrweekly.com\/site\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ttrweekly.com\/site\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ttrweekly.com\/site\/#organization","name":"ttrweekly","url":"https:\/\/www.ttrweekly.com\/site\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ttrweekly.com\/site\/#\/schema\/logo\/image\/","url":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/07\/TTRW-272-01.png","contentUrl":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/07\/TTRW-272-01.png","width":1133,"height":375,"caption":"ttrweekly"},"image":{"@id":"https:\/\/www.ttrweekly.com\/site\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/web.facebook.com\/TTRweekly\/","https:\/\/x.com\/ttrweekly"]},{"@type":"Person","@id":"https:\/\/www.ttrweekly.com\/site\/#\/schema\/person\/0969996ed7cd03b896cfdbc063a1dd93","name":"TTR WEEKLY","sameAs":["https:\/\/www.ttrweekly.com","https:\/\/x.com\/https:\/\/twitter.com\/ttrweekly"],"url":"https:\/\/www.ttrweekly.com\/site\/author\/e-newswire\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/posts\/207529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/comments?post=207529"}],"version-history":[{"count":3,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/posts\/207529\/revisions"}],"predecessor-version":[{"id":207554,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/posts\/207529\/revisions\/207554"}],"wp:attachment":[{"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/media?parent=207529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/categories?post=207529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/tags?post=207529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}