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Posts tagged as “insider”

Nepal Airlines selling off planes at ‘junkyard price’:

By Sangam Prasain in The Kathmandu Post, Oct 09, 2023Nepal Airlines is planning to sell off its Chinese planes that have been like an albatross around its neck for what an insider said is junkyard price. Acquired between 2014 and 2018, the six aircraft were worth Rs6.66 billion in grants and loans. One of the planes has since crashed. The national flag carrier is asking Rs220 million for the remaining five aircraft in an apparent…