June 11 (Reuters) - China's state-owned planemaker COMAC
has proposed taking a stake in Laos' government-owned Lao
Airlines, which recently started operating one of COMAC's C909
regional jets, the state-run Vientiane Times reported on
Wednesday.
According to the outlet, Lao Prime Minister Sonexay
Siphandone told the National Assembly on Monday the Lao
government is considering the proposal from COMAC for a
"comprehensive venture" that includes COMAC holding at least a
51% stake.
The national carrier is one of four key state enterprises
that are undergoing reform, the prime minister is reported to
have said.
Lao Airlines and COMAC did not immediately respond to
requests for comment.
Lao Airlines took delivery of a C909 at the end of March and
has been flying it on domestic routes.
COMAC is developing its own commercial planes to compete
with dominant planemakers Airbus and Boeing ( BA ).
Its narrow-body C919 flies within China only, but COMAC has
placed its older and smaller C909 regional jet with airlines in
Indonesia, Vietnam and Laos in a bid to break into foreign
markets.
The state-owned Chinese planemaker has since the start of
last year stepped up marketing to regulators and airlines as it
seeks to compete internationally with rivals Airbus, Boeing ( BA ) and
Embraer ( ERJ ), and ramped up production its aircraft.
COMAC's C909, previously branded as the ARJ21, is a regional
jet that seats up to 90 people and is China's first jet-powered
plane to reach commercial production. It entered service in
2016.
(Writing by Lisa Barrington in Seoul; Additional reporting by
Sophie Yu; Editing by Hugh Lawson)