The airline, which was created earlier this year as part of the conglomerate Phongsavanh Group, signed a Memorandum of Understanding on 21 May 2010 for three Sukhoi RRJ95 SuperJet 100s, and took options on six more. Deliveries were set to start in 2012. The start-up's future was however thrown into doubt just a week later, after unconfirmed reports suggested that parent company Phongsavanh Banks' Managing Director had been arrested and that the bank itself was close to collapse.
Fri, Jun 4 2010 12:46 AM
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