German Airline Company Lufthansa is Nepal Airlines Strategic Partner

13th Jun, 2017 | Tourism Mail Crew

KATHMANDU, June 13 : Nepal’s national flag carrier Nepal Airlines Corporation (NAC) is selecting Germany-based Lufthansa Consulting for its strategic partnership.

Evaluating committee has recommended to carry out the process with the conclusion of the Lufthansa consulting will be appropriate for NAC's strategic partner.

Lufthansa was the only company participating in the bidding on call of the Ministry of Culture, Tourism and Civil Aviation. The committee formed for the proposal study has recommended to secretary of ministry and Chairman of NAC board Sankar Prashad Adhikari to carry out the process for strategic management partner.

One month ago secretariat decision had formed the committee to study the proposal in coordination of Buddhi Sagar Lamichhane, joint-secretary of the ministry. "We have found Lufthansa an appropriate company for the partnership so it has been recommended for further procedures," committee coordinator Lamichhane told.

The ministry had asked five countries to send the proposal to become a strategic partner of NAC. Ministry had sent the request through the embassies of the US, the UK, France, Germany and Australia. Till the deadline on April 17, only Lufthansa Consulting, an independent subsidiary of the Lufthansa Group had submitted the proposal.

Two months ago Public Accounts Committee (PAC) under the Legislature-Parliament has directed to bring strategic partner within three months. Coordinator Lamichhane said the Lufthansa has sent the proposal to handle engineering, operation, finance and marketing department of NAC. However, the company won't have any role on the area of ground handling.

The ministry had proposed to have partnership for 10 year however Lufthansa had proposed to have partnership for three years in first phase and more two years in second phase.

"There is no alternative for restructuring NAC, to prevent future outbreaks ministry is stressing over strategic partnership," Lamichane said.

Lufthansa has given a proposal to bring huge turnover in financial situation, now after getting positive response from the Ministry of Finance, the file will send to the cabinet for the final decision.

Currently NAC has started a procedure to purchase two wide body airbuses of 330-200 series. On which the American company ARR Corporation had got the tender. Recently NAC has only three narrow body aircrafts.