header banner

'Conservative' policy hindering aviation growth

alt=
By No Author
KATHMANDU, June 17: Entrepreneurs have cited ´conservative´ aviation policy as a major factor hindering the growth of Nepal´s aviation industry. They also said the industry was not attracting foreign investment in the lack of favorable policy.



Speaking interaction organized by Airlines Operators Association of Nepal (AOAN) on Sunday, private airline operators said they were facing difficulty in expanding services to rural because of limited number of aircraft. [break]



“We need to invest US $5 million on new aircraft and we can´t recover the amount by operating flights in rural areas alone,” Thapa said, adding: “The government has not yet rectified Cape Town Convention Policy that welcomes foreign investment in aviation sector.”



Suman Pandey, general secretary of AOAN, lamented that existing aviation policy bars operators from buying aircraft older than 15-20 years even if they are airworthy.

AOAN officials also claimed that geographical adversity is the reason behind most of the air crashes in Nepal and not the fault of airline or carelessness of pilot as reported in media.



“As a member of International Civil Aviation Organization, we comply with international standards and guidelines,” Thapa said, adding that airline companies were committed in enhancing aviation safety.



Related story

Lack of access to finance hindering growth of social entreprene...

Related Stories
POLITICS

Government introduces new aviation policy after lo...

Government introduces new aviation policy after long
ECONOMY

Efforts on to remove Nepal aviation from EU blackl...

Yogesh%20Bhattarai%2005.jpg
Lifestyle

Aviation Museum to be opened for students from Sun...

Aviation_museum.jpg
ECONOMY

Revised interest rate corridor system introduced

NRB.jpg
Interview

Transparent policy-making makes people less cynica...

Pande-Collen.jpg