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ECONOMY

NAC earns Rs 22.24 billion in FY 2022/23

KATHMANDU, Dec 19: Nepal Airlines Corporation (NAC) has reported an annual income of Rs 22.24 billion in the fiscal year (FY) 2022/23.
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By Republica

KATHMANDU, Dec 19: Nepal Airlines Corporation (NAC) has reported an annual income of Rs 22.24 billion in the fiscal year (FY) 2022/23.



Issuing a statement on Tuesday, NAC shared about its earnings during the FY 2022/23. The business of NAC, which had declined during the Covid-19 pandemic, appears to have improved as conditions returned to normalcy.


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During the time of pandemic, NAC had earned Rs 9.10 billion in FY 2020/21 and Rs 16.46 billion in FY 2021/22.


The NAC currently operates four aircraft for international flights. Additionally, ground handling services at all three international airports of Nepal contribute significantly to NAC’s income.


 

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