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JANUARY 2017

Week 3

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Nepal Airlines accepts AAR A330 tender

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January 20th 2017

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Nepal Airlines has awarded U.S. lessor and MRO specialist, AAR Aircraft Sales & Leasing, the contract for the supply of two Trent772B-powered A330-200s following a Request for Proposals (RFP) issued last September. Read More »

“We have asked the supplier to come to Nepal as soon as possible to sign an initial memorandum of understanding (MoU),” Nepal Airlines MD, Sugat Ratna Kansakar, told the Kathmandu Post. “We have targeted concluding the MoU within two weeks so that we can begin detailed technical and financial negotiations.”

According to the report, AAR's proposal - $104.8 million for each jet - was the lowest of ten offers received. Miami-headquartered AAR also indicated it could supply the first aircraft by mid-April instead of the September deadline stipulated in the original RFP. A second jet is due by April 2018.

The A330s will replace the carrier’s two ageing B757-200s. Nepal Airlines said it needed the wide-bodies for new routes to Tokyo and Seoul. It also said Sydney, Shanghai and Beijing were under consideration. The carrier flies to Hong Kong, Kuala Lumpur Bangkok, Doha, Dubai, Delhi and Mumbai. Once the B757s are phased out, Nepal Airlines will have an all-A320/A330 fleet.

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