Phongsavanh Airlines Public Company operating as Phongsavanh Airlines is a charter airline in Laos

Laos

Laos Lao: ສາທາລະນະລັດ ປະຊາທິປະໄຕ ປະຊາຊົນລາວ Sathalanalat Paxathipatai Paxaxon Lao, officially the Lao People's Democratic Republic, is a landlocked country in Southeast Asia, bordered by Burma and China to the northwest, Vietnam to the east, Cambodia to the south and Thailand to the west...

 owned by businessman Phongsavanh Vongsay. The new airline is currently awaiting the delivery of its ordered aircrafts from Sukhoi

Sukhoi

Sukhoi Company is a major Russian aircraft manufacturer, headquartered in Begovoy District, Northern Administrative Okrug, Moscow, famous for its fighters...

Civil Aircraft Corporation of Russia.

History

Lao Capricorn Air Company was sold to Phongsavanh Airlines Public Company headed by Laotian magnate Od Phongsavanh, which effectively took control of the airline in January 2010. After the takeover, the airline's name was changed to Phongsavanh Airlines to align with Phongsavanh Bank and became part of the Phongsavanh Group of Companies. Mr. Phongsavanh Vongsay is also involved in international trading, timber, hospitality, telecommunications, banking, and security products and services.