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A Chinese airlines company has entered Nepal's market with the collaboration of Nepali companies to initiate a new aviation business, the Himalayan Airlines.
China's Tibet Airlines has set up partnership with Nepal's HIF (Himalaya Infrastructure Fund) Aviation Investment Company and Yeti World Investment Company.
The agreement among the three companies has been signed in Nepal's capital Kathmandu.
The company will first launch direct flights from Kathmandu to Lasha and Kathmandu to Chengdu using aircraft including Airbus-319 and Airbus-320.
Both Chinese destinations are major cities in the country's southwest.
Nepal to join infrastructure investment bank
2014-08-07Nepal to receive second Chinese plane on 25 July
2014-07-10Number of Chinese tourists to Nepal nearly doubles in 2011-13
2014-07-07China-made air carrier starts commercial operation in Nepal
2014-06-26Nepal calls on China, South Asian countries to strengthen ties
2014-06-09Nepal receives first China-made aircraft
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