Kharel resigns as NAC executive chairman


, January 19

Executive Chairman of Airlines Madan Kharel tendered his resignation today nearly 16 months after his appointment. Kharel submitted his resignation to the Prime Minister’s Office, instead of the Ministry of , Tourism and Civil Aviation as is the general practice.

According to sources, Kharel was directed by the PMO to tender his resignation ‘due to his failure to expand NAC’s business as expected’.

As per the Cabinet’s decision of 14 September 2018, Kharel was appointed NAC’s executive chairman on 17 September 2018.

According to the NAC Act, Kharel was appointed directly by the before the tenure of former managing director Sugat Ratna Kansakar ended.

Kansakar at the time was dragged into controversy regarding the process of procuring the wide-body Airbus aircraft.

The Ministry of Culture, Tourism and Civil Aviation had often stated that it was not satisfied with Kharel’s work progress. Even Civil Aviation Minister Yogesh Bhattarai had hinted at changing the NAC leadership if no immediate steps were taken to strengthen the national flag carrier.

On December 29, NAC’s board meeting had sought a five-point clarification from Kharel after he briefed Prime Minister KP Sharma Oli that he was not able to pe

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