KATHMANDU, Oct 1: Air Dynasty’s turnover has declined by Rs 24 million. The company had a turnover (unaudited) of Rs 716 million in 2023/24. In the previous year, the company had a turnover of Rs 740 million.
The company earned 66 percent of its total turnover from flights to the Everest region and 21 percent from flights to the Annapurna region. According to rating agency informerics, the rest was earned from health-related rescues.
Number of air passengers and flights take a nosedive after air...
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Prior to this, the company recorded a turnover of Rs 324 million in 2021/22, Rs 68 million in 2020/21 and Rs 337 million in 2019/20.
Following an accident in Nuwakot in the month of Shrawan (mid-July to mid-August), Air Dynasty currently operates three helicopters. Malcolm Roy Smith holds 48.48 percent of the company’s share.
