Nepali Ministry of Tourism and Civil Aviation asked to scrap Airbus deal

12:55, June 03, 2010      

Email | Print | Subscribe | Comments | Forum 

Nepali Ministry of Finance (MoF) has asked the Ministry of Tourism and Civil Aviation (MoTCA) to scrap its purchase plan of two aircraft for Nepal Airline Corporation (NAC).

According to Thursday's The Kathmandu Post daily, the MoF on May 25 forwarded a letter to MoTCA expressing inability to provide a guarantee for the loan required to purchase the two aircraft and asked MoTCA to scrap the purchase process as evaluation and selection process of the aircraft was against the public procurement law.

The MoF letter has put paid to NAC's 13-month effort to modernize its fleet after it initiated the purchase process in April 2009. The MoTCA had sent a letter to the MoF seeking its guarantee for the purchase of the aircraft from Airbus. The MoF has asked the MoTCA to initiate the process to get back the lock-up money that was sent to the Airbus without making financial closure. The NAC had sent 750,000 U.S. dollars to Airbus SAS as lock-up money without managing the source for the purchase of aircraft.

NAC's board had decided to purchase two aircraft from Airbus SAS- Airbus A320-200 (narrow body) and A330-200 (wide body) on Oct. 26,2009. The NAC had opted for Airbus after evaluating proposals from two leading producers of passenger jets - France-based Airbus SAS and US-based Boeing.

Source:Xinhua

(Editor:黄蓓蓓)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Giant red lantern lights up in Tiananmen Square to celebrate the coming National Day on Oct. 1. (Xinhua/Li Xin)
  • A ceremony is held in Taipei, southeast China's Taiwan, on Sept. 28, 2011, to commemorate the 2,562nd birthday of Confucius (551-479 BC), a Chinese thinker, educationist and philosopher. (Xinhua/Wu Ching-teng)
  • The world's first Boeing 787 Dreamliner for delivery arrives at Haneda airport in Tokyo, capital of Japan, on Sept. 28, 2011. The Boeing 787 Dreamliner, whose buyer is All Nippon Airways (ANA), will implement a flight of ANA on Oct. 26 from Tokyo's Narita Airport to Hong Kong in south China. (Xinhua/Ji Chunpeng)
  • A Libyan National Transitional Council (NTC) fighter shows what is believed to be human jawbone found inside a mass grave near Abu Salim prison in Tripoli, Libya, Spet. 27, 2011. The NTC on Sunday said they had found a mass grave containing the bodies of 1,270 people killed by Gaddafi's security forces in a 1996 massacre at Abu Salim prison in southern Tripoli. (Xinhua/Li Muzi)
  • Rescue workers and local residents search for survivors after a building collapsed in old Delhi, India, Sept. 27, 2011. At least 10 people were killed and 35 injured when an old three-storey building collapsed. More than a dozen people are still feared trapped under the debris, police said. (Xinhua/Partha Sarkar)
  • A visitor has flying experience in the windmill castle of Jinshitan National Holiday resort in Dalian, northeast China's Liaoning Province, Sept. 27, 2011. The castle is a 23-meter-high building with 21 meters in diameter. The castle uses wind tunnel to make objects floating in the air. It is the first indoor stadium in China, which enables people to have flying experience. (Xinhua/Zhang Chunlei)
Hot Forum Discussion