Turbulence remains but clearer skies ahead

turbulence-remains-but-clearer-skies-ahead

KATHMANDU, DECEMBER 31

While the took a toll on wide swaths of the , the country’s aviation sector faced a loss of more than Rs 23 billion in the period between March and November.

On the occasion of 22nd anniversary of the (), it revealed the actual loss to the country’s aviation sector.

According to the CAAN, the domestic aviation sector lost a total of Rs 23.31 billion in between March and November.

Of the total loss, Nepal Airlines (NAC) lost Rs five billion while all other domestic airline lost Rs 10.62 billion.

Meanwhile, Himalayan Airlines lost Rs two billion and CAAN itself lost around Rs 5.69 billion during the pandemic.

As per the authority, it lost Rs 2.63 billion in from headings such as ground handling and shop rentals. Meanwhile, Rs 1.37 billion was lost towards income from airport development charge. Similarly, Rs 1.69 billion was lost in other miscellaneous income.

CAAN Director General Rajan Pokhrel said that the lost about 65 per cent of passengers in the domestic sector and about 72 per cent of passengers in international sector compared to the corresponding period of 2019.

“This pandemic has also heavily affected our major infrastruct


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