Nepal Airlines Corporation (NAC) announced that it will receive its first among two A320-200 aircraft on February 6. According to NAC, European aircraft manufacturing company Airbus will be handed over to the corporation on February 6. The aircraft is in the final stage of production.
Nepal Airlines Corporation is receiving the new jet aircraft after 26 years
Airbus will deliver the aircraft to NAC on February 6 at Hamburg, Germany. According to the national flag carrier, the aircraft will land in Kathmandu on February 7 via Doha, Qatar. The aircraft will have eight business class and 150 economy class seats.
NAC informed that Airbus will perform test flights at the end of January as per the schedule, adding that second aircraft will reach Kathmandu in April. Airbus will install engines produced by International Aero Engines in both the aircraft.
NAC had signed the purchase agreement with Airbus on June 27, 2013. To finance purchase of the aircraft, NAC signed a loan agreement worth Rs 10 billion with Employees´ Provident Fund (EPF) for purchasing two aircraft. EPF has fixed interest rate at 12 percent per annum. As per the agreement, NAC has to pay back the loan within 15 years.
NAC currently operates a fleet of two ageing Boeing 757, two Twin Otters one MA 60 and one Harbin Y12E.