Chinese investment withdrawing their share from Himalaya Airlines

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Kathmandu, ANN

The private international carrier of Nepal, a joint venture of Nepali and Chinese investment, Himalaya Airlines is going to be solely operated with Nepalese investment as it has been confirmed that the Chinese share is being withdrawn from the company of joint venture. The carrier is going to make changes in the administration as the Chinese are withdrawing their investment from this private carrier of Nepal. Himalaya Airlines had been established with a joint share of 51 percent of Yeti Group (Nepalese) and 49 percent share of Tibet Airlines (China).

Established in August 2014, the company has been operating commercial flights to Dhaka, Dammam, Doha, Dubai, and Kuala Lumpur and has recently started operating flights to Abu Dhabi as well. Himalaya Airlines has also confirmed that it will very soon conduct three weekly flights to newly constructed Daxing International Airport, Beijing.

Himlaya Airlnes new logo - Aviation Nepal
Himlaya Airlnes new logo – Aviation Nepal

It has been said that because of the Chinese investment involved, the carrier was deprived of getting international routes of India. Now the Chinese investment is subsiding, the airlines can be expected to acquire new routes and destinations soon.

Himalaya Airlines new livery - Aviation Nepal
Himalaya Airlines new livery – Aviation Nepal

Presently, the airline owns three Airbus 320 series aircraft one of which has been wet leased to Bamboo Airways of Vietnam for a year. The other two aircraft are flying to six different international destinations. The carrier had recently confirmed of introducing another Airbus A319 aircraft in its present fleet of A320 aircraft. The new aircraft to join the fleet is an Airbus 319 -115SL single aisle narrow body aircraft presently flying for Tibet Airlines. The aircraft is of serial number MSN 9020. The ferry flight for the delivery of aircraft will be conducted from Airbus facility in Tianjin, China and presently owned by Tibet Airlines.

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