Nepal Airlines Corporation Sees Improvement Under New Leadership
Summary
Nepal Airlines Corporation, under new leadership, has improved its income, seat utilization, and operations by prioritizing managerial reform and accountability.
Key Points
- A new seven-member board of directors was formed including independent directors and ministry representatives.
- Maheshwarbhakta Shrestha was appointed Executive Chairman aiming for Nepal Airlines Corporation's self-reliance within three years.
- The corporation's income increased by about 32% in Asar compared to last year, with seat utilization rising from 75% to 85.4%.
- Nepal Airlines is focusing on income growth, expense control, service expansion, and operational efficiency enhancement.
