NEPAL AIRLINES Reviving Hope

Following years of mismanagement, Nepal Airlines is thriving again but what is required is a wide body aircraft to enhance its capability

July 8, 2016, 5:45 p.m. Published in Magazine Issue: Vol.09,No. 24, July 08,2016, Ashad 24,2073)

For any institution, 58 years is a long history. Nepal Airlines Corporation is not an exception. Due to a prolonged political instability, Nepal Airlines was in the death bed. Following the addition of two new airbuses, an experienced management backed by team spirit of NAC employees has got the airlines bouncing back.

Although it is still losing a huge money in the domestic sector, the national flag carrier- Nepal Airlines Corporation- is gradually becoming financially strong. The NAC, which was long criticized for poor performance marked by irregular flights and weak financial conditions, is regaining its dignity and winning the people’s hearts.

As the airline celebrated its 58th anniversary last week, it made 75 per cent more international flights in the current fiscal year compared to the last fiscal. It made Rs 100 million profit in the same period. However, it is losing huge money in the domestic sector.

With virtually below 5 percent capacity, Nepal Airlines Corporation has increased its share in the passengers reaching over 7 percent. As the airlines is expecting to add two wide body aircraft, the market share of the airlines will increase by up to 17 percent.

The presence of a strong national carrier is an asset of the country at the time of any major crisis. Nepal Airlines has shown its usefulness when the government sought to carry the body of dead Nepali workers from Afghanistan back. Nepal Airlines sent its aircraft to Kabul just on an order of the government.

Along with helping the nation in times of crisis, it has also helped to end the monopoly of foreign airlines and reduce the air fare to Kathmandu, supporting the government efforts to bring more foreign tourists.

“As Nepal Airlines has two new aircraft, there is the need of promoting reliability of NAC services and ensuring safe transport of costumers’ belongings,” said Minister for Culture, Tourism and Civil Aviation, Ananda Prasad Pokharel at the program.

“I would like to assure all of you to ensure purchasing of three narrow-bodied and two wide-bodied aircrafts for the NAC,” said Pokharel.

“NAC is in profit at present. Nepal Airlines needs at least two wide body aircrafts to increase the profits and provide more services,” said Managing Director Sugat Ratna Kansakar.

Established in 1 July 1958, Nepal Airlines Corporation (NAC) started its service following enactment of Nepal Airlines Corporation Act 2019. With the main objective to provide air transport services to any person, agency or organization who needs such service for transportation of men or materials from one airport to another either within or outside the country, Nepal Airlines has been providing its service linking Nepal to the outside world.

As the only national flag carrier, Nepal Airlines Corporation needs the patronage of the government and its support to equip it with new aircrafts. After a span of a decade, Nepal Airlines celebrated its annual program with fanfare. This is a reviving hope of NAC again.

 

 

 

 

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