Nepal Airlines
Nepal Airlines plans to sell its Chinese planes at junkyard price: Reports
Nepal Airlines is planning to sell its Chinese planes at junkyard price, media reports said.
Acquired between 2014 and 2018, the six aircraft were worth Rs6.66 billion in grants and loans. One of the planes has since crashed. The national flag carrier is asking Rs220 million for the remaining five aircraft in an apparent effort to get rid of them as fast as possible, reports The Kathmandu Post.
Nepal Airlines officials told the newspaper the grounded planes—two 56-seater MA60 and three 17-seater Y12e—have been more trouble than they are worth.
The current asking price of Rs220 million was determined by an independent international assessor, according to a highly-placed source at Nepal Airlines Corporation.
“That is scrap value,”a official told The Kathmandu Post.
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