Private Airlines Seek Government Relief Amidst Financial Crisis
Summary
The Airline Operators Association of Nepal urges the government to provide financial relief to private airlines amid soaring fuel costs and declining tourist numbers, warning of potential suspension of air services.
Key Points
- Private airlines in Nepal are facing a severe financial crisis due to high aviation fuel prices and reduced tourism.
- Fuel costs now constitute 60 percent of airline expenses, up from 30-40 percent previously.
- The association demands government relief including a 50 percent discount on fees charged by the Civil Aviation Authority of Nepal.
- Operators seek amendments to fee regulations and to pay fees in Nepali rupees instead of US dollars to reduce financial burdens.
