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Nepal Airlines decides to lease out or sell grounded China-made aircraft Share Nepal Airlines Corporation (NAC) has reportedly decided to lease out or sell its six grounded China-made aircraft. The national flag carrier has grounded the Y12e and MA60 aircraft since July last year as these were allegedly causing losses, reported Kathmandu Post. In 2012, Nepal Airlines signed an agreement with Aviation Industry Corporation of China (AVIC) to acquire six aircraft – two MA60s and four Y12es. Under this deal, China offered grant and concessional loan of $62.13m (CNY408m) for the six airplanes. Out of $62.13m, a grant of $27.4m (CNY180m) was given by China for one 56-seater MA60 and one 17-seater Y12e aircraft, while the remaining amount was taken as loan by Nepal to procure one MA60 and three Y12e airplanes.

Prasad poudelShadman sameeNepal airlines corporationNepal airlinesNepal airlines airline harbinAviation industry corporation of chinaNepal airline harbinAirlines corporationAviation industry corporationDim prasad poudelFinance ministryNepalgunj airportபிரசாத் பொஊதேல்நிழல் அதேநேபால் விமான நிறுவனங்கள் நிறுவனம்நேபால் விமான நிறுவனங்கள்