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Airlinecompany pays Rs 530.9 million in loan

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Kathmandu. Kathmandu: Nepal Airlines Corporation (NAC) has paid the loan installment till Mid-June.

Nac spokesperson Subash Dangi said the nac has paid a total of Rs 539.55 million as loan for the purchase of two narrow-body and two wide-body aircraft for international flights.

The corporation had taken loans from employees provident fund and citizen investment fund. Out of this, the corporation has paid the full installment of the narrow-body aircraft and the partial installment of the wide-body aircraft.

According to the NAC, it has already paid Rs 7.92 billion in installments till Mid-July 2082 under the title of debt liability related to the purchase of aircraft.

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