Nepal Airlines Corporation celebrates 62 years of service

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KATHMANDU, JULY 1

Nepal Airlines Corporation (NAC) has marked its 62 years of service today.

Since its establishment in 1958, NAC has witnessed lots of ups and downs and finally the national flag carrier is on a way for betterment, states a press statement issued today.

Already facing loss, the coronavirus pandemic has further deteriorated the financial health of the national flag carrier. As per NAC, it has lost income worth around Rs one billion during this lockdown period.

“Amid this crisis, we are serving the nation and conducting repatriation flights to evacuate Nepalis stranded in several countries due to COVID-19,” reads the statement.

The statement further claims that NAC will be strengthening itself for the betterment of the country’s tourism sector as well.

“NAC has to play a huge role in developing the country’s tourism sector,” reads the statement. “The management is planning to promote NAC in company model.”

Earlier a taskforce formed by the Ministry of Culture, Tourism and Civil Aviation (MoCTCA) to study NAC’s status had also recommended the government to operate NAC in company model.

Sushil Ghimire, executive chairperson of NAC, has also stated that the carrier will be transformed into company model by the next year.

“Although the company had been incurring loss since few years, its financial health was starting to improve just before the lockdown,” he said, adding, “But now, we are ready for full-fledged operations and the recently conducted repatriation flights have also contributed in strengthening our image in the international market.”

As per him, NAC is coordinating with concerned authorities to expand domestic and international flights. Likewise, more international flights will be scheduled once the situation settles down, he added.

Currently NAC is operating repatriation flights with its two narrow-body and two wide-body aircraft.

Similarly, other small aircraft have been deployed for emergency flights in the domestic sector.

A version of this article appears in e-paper on July 2, 2020, of The Himalayan Times.

The post Nepal Airlines Corporation celebrates 62 years of service appeared first on The Himalayan Times.

Written by Sureis
This news first appeared on https://thehimalayantimes.com/business/nepal-airlines-corporation-celebrates-62-years-of-service/ under the title “Nepal Airlines Corporation celebrates 62 years of service”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.