Nepal Airlines has now repaid $3.9 million in loan installments tied to the financing of its commercial aircraft fleet, consisting of two narrowbody and two widebody aircraft. This repayment is part of the carrier’s obligations from loans obtained for the acquisition of these aircraft during an earlier fleet modernization phase.
Nepal Airlines, the state-owned flag carrier of Nepal, is set to undergo a comprehensive restructuring, according to a recent announcement by the country’s President, Ramchandra Paudel. The statement was made during a public address focused on broader efforts to reform and enhance the nation’s civil aviation sector.
Nepal Airlines has continued to reduce its outstanding aircraft debt with the repayment of an additional $3.9 million, bringing its total loan repayments to $545 million. These repayments relate to loans obtained from the airline’s employee fund for the acquisition of four aircraft.
Nepal Airlines has strengthened its global network by establishing an interline partnership with Japan Airlines, allowing passengers greater flexibility when traveling between Nepal and Japan. This collaboration enables seamless connectivity between the two carriers, enhancing travel options for passengers flying across their networks.
Nepal Airlines is set to expand its route network with a new triangle service linking Kathmandu, Siddharthanagar, and Dubai. Scheduled to begin on 9 November 2024, this route will connect Nepal’s two key cities with Dubai, offering travelers a direct international option with additional domestic accessibility. The triangle configuration enables passengers from both Kathmandu and…
