NAC and AAR Corp sign aircraft purchase agreement

7th Apr, 2017 | Tourism Mail Crew

KATHMANDU, April 7: The Nepal Airlines Corporation (NAC) has signed a $209.6 million deal purchase two Airbus A330-200 planes with US-based AAR Corp.

The agreement was signed between NAC Managing Director Sugat ratna Kansakar and AAR Corp president of the International Supply Chain  Deepak Sharma at NAC headquarters in Kathmandu on Friday.

The A330-200 NAC plans to buy can accommodate up to 280 passengers in a two-class layout.

The final sales and purchases agreement has also translated the national flag carrier’s two-decade-old dream of flying wide-body jets into reality.

The two jets are expected to arrive in Nepal by the second quarter of 2018. The national flag carrier has already transferred $1 million as ‘commitment fee’ to AAR Corp.

The national flag carrier plans to connect Kathmandu with Seoul in South Korea, Tokyo in Japan, Dammam in Saudi Arabia and Sydney in Australia. It has also announced increasing flight frequencies to key destinations like Kuala Lumpur, Hong Kong and Doha.