Asia/Pacific

Nepal Airlines Corp secures Rs 10bn loan

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Nepal Airlines Corp secures Rs 10bn loan

Nepal Airlines Corporation (NAC) has signed a Rs 10 billion loan agreement with the Employees’ Provident Fund (EPF) in order to purchase two A320-200 aircraft. NAC will sign an aircraft purchase agreement with the European plane maker this week to formalise the memorandum of understanding (MoU) si...

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