Nepal Airlines’ aircraft loan liability rises to Rs 55.92 billion

Kathmandu, November 10, 2026 — Nepal Airlines Corporation’s outstanding government-guaranteed loan liability for purchasing four aircraft has increased to Rs 55.92 billion from the initial Rs 34 billion, according to government financial records.

The national flag carrier had borrowed the money to purchase two wide-body and two narrow-body aircraft, with the government providing guarantees for loans extended by the Employees Provident Fund (EPF) and the Citizen Investment Trust (CIT).

According to data from the Financial Comptroller General Office, the initial principal amount guaranteed for the aircraft purchases was Rs 34 billion. The remaining guaranteed liability has now reached Rs 55.92 billion.

For the wide-body aircraft purchases, the Employees Provident Fund provided a loan of Rs 12 billion, while the Citizen Investment Trust extended another Rs 12 billion. Earlier, the Employees Provident Fund had also provided Rs 10 billion to finance the purchase of narrow-body aircraft.

By the end of the last fiscal year 2082/83, the outstanding principal had increased to Rs 44.68 billion. Interest liabilities stood at Rs 11.24 billion.

With the principal and accumulated interest combined, Nepal Airlines now has Rs 55.92 billion remaining to repay under the government-guaranteed aircraft loans.