Nepal Airlines cannot operate on current model: Finance Secretary Marasini

Nepal Airlines cannot operate on current model: Finance Secretary Marasini

Kathmandu, January 10

Secretary at the Ministry of Finance Madhu Kumar Marasini has said that Nepal Airlines
Corporation (Nepal Airlines) cannot operate in the current model.

In a discussion held at the Parliamentary Committee on International Relations on Monday,
Finance Secretary Marasini said that the Nepal Airlines Corporation would not be able to
function properly unless an alternative model is adopted. ”Show it by reforming as soon as possible,” he said.

Secretary Marasini said that the corporation has the option to improve the management and operate in the company model. Stating that the government could not provide additional budget to the Nepal Airlines Corporation in the current situation, he said that the new management should bring a plan to strengthen the organization.

”If you don’t give 100% ownership of the ground handling, the corporation will not be able to pay the salary,” he said.

Stating that the liability has reached Rs 47 billion including the purchase of Employees
Provident Fund, Citizens Investment Fund and Chinese ships, Finance Secretary Marasini said that there is no possibility of immediate additional investment in the corporation.

 

By Karuna Thapa

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