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NAC Finals Deal to Purchase Two Wide Body Airbuses

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NAC Finals Deal to Purchase Two Wide Body Airbuses
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April 9: Nepal Airlines Corporation (NAC) has signed an agreement with US-based AAR Corp to purchase two wide body Airbuses on April 7. Sugat Ratna Kansakar, Managing Director of NAC and Deepak Sharma, representative of AAR Corp, the supplier firm signed the agreement. “The A 330-200 series wide body airbuses will make airfare cheaper making Nepal an easy destination against the belief that the country is expensive destination,” said Kansakar, after signing the deal. He opined that as the government is standing as a guarantor for the purchases, it will enhance positive image for NAC. Meanwhile, AAR representative Sharma expressing his pleasure on signing the agreement with Nepal committed to bring the airbuses in stipulated time.

NAC is purchasing the airbuses at the price of USD 209.6 million. The national flag carrier is set to release nearly 35 percent of the total amount as the first installment. AAR, the American company bagged a global bidding by beating ten other companies. According to the NAC, the A 330-200 series airbuses will have 250-280 seats.

Both Airbuses to arrive by second quarter of 2018

As per the agreement between NAC and AAR, the airbuses will be handed over to Nepal by the second quarter of 2018. With the additions, NAC will have five airbuses for international flights. Presently, NAC is flying eight destinations with its one Boeing 757-200 and two 320-200 series narrow body airbuses. NAC is planning to serve new destinations including South Korea, Japan, Australia and Saudi Arabia with the addition of the two airbuses. 

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