NAC pays over Rs 530 million in installments

By Republica
Published: January 16, 2025 07:11 PM

KATHMANDU, Jan 16: Nepal Airlines Corporation (NAC) has paid the loan installments for the purchased aircraft, covering up to the month of Poush (mid-December to mid-January).

The NAC paid Rs 539.6 million as the installments for the loans taken from the Employees' Provident Fund and the Citizen Investment Trust to purchase two narrow-body and two wide-body aircraft for international flights.

The NAC has fully paid the amount for two narrow-body aircraft and partially for two wide-body aircraft.

Since the current leadership took over the management, the NAC has paid a total of Rs 6.86 billion in installments up to the end of Poush 2081 BS.