Cargo transport can improve NAC financial situation: Minister Ale

Kathmandu- Minister for Culture, Tourism and Civil Aviation, Prem Bahadur Ale, has argued the financial status of indebted Nepal Airlines Corporation (NAC) can be improved if its annual services comprise 50 percent of cargo transport.

In his address to the signing of a MoU on air ticket and cargo transport (hazardous goods) between the NAC and Nepal Electricity Authority (NEA) at the Ministry today, the Minister expressed his confidence that the implementation of the agreement would be helpful for the indebted company to improve its financial health. 

“The NAC is on the verge of a severe financial... Read More