April 8, 2024 15:15 pm
KATHMANDU, April 8: The Nepal Airlines Corporation (NAC) attempted to secure a 'soft loan' (concessional loan) of approximately Rs 135 billion from an international agency to manage its internal debt and acquire new aircraft, but it was unsuccessful in obtaining the loan. Due to the high interest costs associated with internal loans, the corporation pursued a soft loan; however, foreign entities did not express interest.
June 13, 2023 17:00 pm
KATHMANDU, June 13: Culture, Tourism and Civil Aviation Minister Sudan Kirati has said that there is a conspiracy to prevent the addition of new aircraft to the Nepal Airlines Corporation (NAC) fleet. He said that it would be better to abolish the ministry if no new planes are purchased.
April 29, 2019 04:00 am
KATHMANDU, April 29: Yeti Airlines has inducted a new ATR 72-500 aircraft in its fleet.