| Financier | Commitments |
|---|---|
| Trust Funds | 1.75 |
Lao Airlines Sustainable Development Project
Abstract*
Resuscitating Lao Airlines requires that the Government of Lao defines its strategic value proposition to the overall economy, and that the airline develop a more efficient and sustainable business model. The technical assistance aims to support Lao Airlines withan options analysis for charting necessary business and management reforms that are needed to ensure commercially-oriented and sustainable airline services. The grant supports the implementation... Show More
Development Objective
To reduce Lao Airlines business losses, enhance corporate financial reporting, and strengthen operational management.
Key Details
Project Details
P181359
Active
Christopher De Serio , Moad Alrubaidi
Ministry of Finance
September 19, 2023
(as of board presentation)
January 3, 2024
April 22, 2024
US$ 1.75 million
Ministry of Public Works and Transport
2024
US$ 1.75 million
N/A
Moderate
September 30, 2025
Yes
BANK APPROVED
March 26, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 1.75 |
| Total Project Cost** | 1.75 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
Detailed Financial Activity as of April 30, 2025
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Annual Airline business losses Value -1000000.00 0.00 0.00 Date December 1, 2023 September 30, 2025 Comment Asset utilization ratio Value 0.00 0.00 20.00 Date December 1, 2023 September 30, 2025 Comment Digital systems mainstreamed into operational and financial management processes Value Legacy PSS in use Upgraded PSS operational Date December 1, 2023 December 31, 2024 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
SOE governance and enhanced capacity in financial reporting Value No Yes Date November 1, 2023 June 30, 2025 Comment Medium-Term Debt Management Plan prepared Value No Yes Date November 1, 2023 June 30, 2025 Comment Business Cost - Administrative costs per passenger Value 14.30 0.00 10.00 Date November 1, 2023 June 30, 2025 Comment Staff training on Sales Strategy and new passenger service system Value 0.00 0.00 100.00 Date November 1, 2023 March 31, 2025 Comment Sales and Revenue Management - cost peer available seat kilometer Value 0.09 0.00 0.08 Date November 1, 2023 June 30, 2025 Comment Aircraft load factors Value 63.00 0.00 70.00 Date November 1, 2023 June 30, 2025 Comment Women trained on sales strategy and PSS Value 0.00 0.00 30.00 Date November 1, 2023 March 31, 2025 Comment