November 21, 2022
1 min read

Nepal Airlines to sell off troublesome Chinese planes

The Nepali daily said state-owned airlines have been eager to get rid of the non-flying planes, but bureaucratic hassles forced it to hold on to them even as losses mounted….reports Asian Lite News

State-owned Nepal Airlines has made a decision to sell Chinese planes and spare parts, which are plagued by breakdowns and a lack of pilots.

Right after they arrived, the three 17-seater and two 56-seater aircraft had turned into “the most expensive white elephants in the carrier’s history, The Kathmandu Post reported citing officials.

The five condemned planes are parked at the remote parking bay on the eastern side of Tribhuvan International Airport in Kathmandu, the report said.

The Nepali daily said state-owned airlines have been eager to get rid of the non-flying planes, but bureaucratic hassles forced it to hold on to them even as losses mounted.

Back in September, Nepal Airlines put the Chinese planes up for lease with October 31 deadline for bidders. After there were no bids, the deadline was extended until November 16.

Nepal Airlines spokesperson Archana Khadka said they didn’t get a single bid during the extended time either. “Now the management has decided to sell them off.”

Khadka said they would issue a notice to appoint an international assessor to determine a fair market value of the planes, after Sunday’s general elections.

“It may take two to three weeks to appoint the assessor. Based on the assessor’s report, we will float a global tender to sell the planes,” Khadka was quoted as saying by The Kathmandu Post.

He added that it would take at least two months to complete the process.

After the signing of the agreement in 2012 under the grant and concessional loan aid with the Chinese side, Nepal received the first batch of planes in 2014.

However, the delivery of the rest of the Chinese aircraft was stalled for years. (ANI)

ALSO READ: Lower turnout in Nepal general elections

Previous Story

Cultural shows replace sound of bullets in Kashmir

Next Story

IFFI off to a dazzling start in Goa

Previous Story

Cultural shows replace sound of bullets in Kashmir

Next Story

IFFI off to a dazzling start in Goa

Latest from -Top News

UN Urges World Not to Normalise Taliban Rule

UN expert Richard Bennett warns against normalising Taliban repression in Afghanistan, citing worsening restrictions on women, girls and fundamental rights….reports Asian Lite News Desk The international community must not allow the Taliban’s

Bhutan Lake Outburst Raises Flood Fears in India

A glacial lake outburst flood in Bhutan has triggered flash flood alerts in West Bengal and Assam, with authorities monitoring vulnerable riverbank areas….reports Asian Lite News Desk A glacial lake outburst flood

UN Grants Nepal, Bangladesh LDC Graduation Extension

The UN General Assembly has unanimously extended the preparatory period until November 2029, giving both countries more time to address economic vulnerabilities and prepare for graduation…reports Asian Lite News Desk The United

US, Japan Supercharge Joint Missile Production

The two allies will establish a final assembly and inspection facility for AMRAAM air-to-air missiles in Japan under their Operation Supercharge initiative….reports Asian Lite News Desk The United States and Japan have

Uyghur Congress Presses Germany to Confront Beijing

The World Uyghur Congress has urged German President Frank-Walter Steinmeier to raise allegations of forced labour, repression and restrictions on cultural freedoms with Chinese President Xi Jinping….reports Asian Lite News Desk The
Go toTop

Don't Miss

Nepal junks Indian firm, gives contract to dubious Chinese firm

Earlier, the Nepalese Army rejected the bid of the technical

India–Nepal Troops Set for 19th Suryakiran Exercise

India and Nepal are set to conduct the 19th edition