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    NEPAL AIRLINES

    Domestic air passenger traffic likely touched 15.4 crore in 2023-24: Report

    The aviation industry expects a 13% growth in domestic air passenger traffic to 15.4 crore in 2023-24 with a reduced net loss. Supply chain challenges and engine failures pose near term headwinds.

    Air India: You may soon get more Air India Express flights to choose from

    Air India Express plans to operate 40% more flights next fiscal year, focusing on fleet expansion and consolidation of domestic routes. It also aims to expand its flight operations to Nepal, Bangladesh, and Sri Lanka.

    Nepal to auction China-made planes amid heavy losses

    Nepal Airlines Corporation is seeking to auction six Chinese-made aircraft due to heavy losses. The planes, owned by Nepal's finance ministry, have caused continuous losses since their acquisition. Nepal Airlines wants to sell or lease the planes to mitigate further losses. Other options, such as selling to Chinese or international companies, have failed to materialize.

    Akasa Air adds two Boeing 737 MAX 8 aircraft with aim of flying beyond India in coming months

    Akasa Air Plane Order: Akasa Air added two Boeing 737 MAX 8 aircraft, fuelling its international aspirations. Closing 2023 with 22 planes, including an unprecedented 737 MAX 8 200 variant, Akasa emerges as one of civil aviation's fastest-growing carriers. Positioned for sustainable growth, the airline eyes a potential order of 150 Boeing 737 MAX jets amidst talks, seeking to solidify its domestic and international presence.

    Political stability, high-level meetings with Indian & Chinese leaderships and quakes marked Nepal's 2023

    Nepal-India relations got a renewed boost as Prime Minister Prachanda met India's Foreign Secretary Vinay Mohan Kwatra here on February 13. Matters relating to cooperation on energy, trade, commerce, connectivity, culture, agriculture, and education were discussed between the two sides.

    Nepal blames pilot error for January crash that killed 72

    The Yeti Airlines service was flying from Kathmandu to Pokhara, a gateway for religious pilgrims and trekkers, when it crashed on descent. The ATR 72 with 68 passengers and four crew plummeted into a steep gorge, smashed into pieces and burst into flames as it approached its destination. Six children and 15 foreigners were among those killed.

    The Economic Times
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