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Comac Chinese Aircraft Manufacturer Takes Foot in Lao Airlines: a Strategic Turning Point for Lao Aviation
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In an unprecedented operation in the region, Laos takes note of the sale of 49% of the capital of its national company to COMAC, the Chinese giant of aircraft construction, while preserving its sovereignty over the company. This alliance is intended to allow Lao Airlines to renew its fleet and modernize itself, at a time when the country is in depth reorganizing several strategic public companies. The decision, officially confirmed on 10 Novembe…
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