Bilateral Talk Will Be Held Soon Regarding Lufthansa Proposal

Bilateral Talk Will Be Held Soon Regarding Lufthansa Proposal

Currently, Nepal Airlines, flag carrier of Nepal, is passing through stressful and poor management because of which it is going to be doomed in huge loss. Nepal Airlines Corporation (NAC) has fleet of 7 aircrafts comprising of Boeing 757, Airbus 320, Twinotter, Xian MA-60 and Y12e. It used to possesses the 20 aircrafts in its fleet for rendering services to passengers.

     Recently, NAC brought brand new Airbus320 which is facing scarce of pilot. on April28, 2015 another Airbus 320 will be delivered to NAC by Airbus Inc. Due to instability inside the corporation, CAAN has decided to handover management and operation of NAC by German Company Lufthansa Consulting Company for which permission must be granted by government of Nepal. Therefore, Bilateral talk will be held soon between government of Nepal and Lufthansa Consulting Company.

       Ministry of Tourism, Culture and Civil Aviation has provided invitation to officials of Lufthansa Consulting Company to have bilateral talks regarding NAC’s management and operation. It has been reported that German Airlines, Lufthansa’s assistant company Lufthansa Consulting Company will handle and operate the corporation in three stages for four years. Within first stage, four narrow body jets will be added to NAC’s fleet for which NAC needs to pay 2,15,000 euros as well as provide 2% of total profit that NAC will earn in 2015 and 2016. Later on, the management of Nepal Airlines will be handled back by NAC after the completion of second and third stages.

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