amoy
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Nepal to sign aircraft deal with China soon - Nepal Association of Tour Operators
The Finance Ministry, the Government of Nepal, has fast-tracked the process of signing loan and grant agreements with China to procure airplanes for the ailing Nepal Airlines Corporation (NAC).
The Finance Ministry's move follows the request from the Ministry of Culture, Tourism and Civil Aviation to proceed ahead with the deal after the Civil Aviation Authority of Nepal (CAAN) issued type-certificate to Chinese-made MA60 aircraft last week, allowing the plane to enter the Nepali skies for the first time for civilian transport.
China has pledged a 19-seater Harbin Y-12e and a 58-seater MA60 (Modern Ark 60) turboprop planes in grant, and the government plans to buy four more aircraft — three Harbin Y-12e and an MA60 — taking soft loans from the China EXIM Bank.
"We have to sign two separate agreements for loan and grant. We have sent the drafts of the two agreements to the tourism and the law ministries for their comments and language to be used in the draft," said Finance Secretary Shanta Raj Subedi.
He said the exact amount of the loan to be taken from the Chinese bank and the interest rate are yet to be fixed.
Tourism Ministry officials estimate that the four aircraft could cost $35 million for a combined package that includes spare parts and pilot training, among other facilities.
The Type Certification Board of the CAAN after a two-week China visit had submitted its report to its Director General Ratish Chandra Lal Suman in mid-September, recommending that the MA60 aircraft's technical and other capabilities compliances "are reliable". "We decided to proceed ahead with the pact after the CAAN confirmation that the proposed Chinese jets are fit for the Nepali skies," Subedi said.
Some analysts, however, have raised questions over the MA60's airworthiness as it has not yet been certified by the Federal Aviation Administration's (FAA) Federal Aviation Regulations (FAR).
Sources said the Nepal government needs to finalise the deal before the end of the Chinese fiscal year. China's fiscal year begins from January 1 and ends on December 31.
(Source:ekantipur | Nepal's No.1 News Portal | Homepage)
Xian MA60 - Wikipedia, the free encyclopedia
The Finance Ministry, the Government of Nepal, has fast-tracked the process of signing loan and grant agreements with China to procure airplanes for the ailing Nepal Airlines Corporation (NAC).
The Finance Ministry's move follows the request from the Ministry of Culture, Tourism and Civil Aviation to proceed ahead with the deal after the Civil Aviation Authority of Nepal (CAAN) issued type-certificate to Chinese-made MA60 aircraft last week, allowing the plane to enter the Nepali skies for the first time for civilian transport.
China has pledged a 19-seater Harbin Y-12e and a 58-seater MA60 (Modern Ark 60) turboprop planes in grant, and the government plans to buy four more aircraft — three Harbin Y-12e and an MA60 — taking soft loans from the China EXIM Bank.
"We have to sign two separate agreements for loan and grant. We have sent the drafts of the two agreements to the tourism and the law ministries for their comments and language to be used in the draft," said Finance Secretary Shanta Raj Subedi.
He said the exact amount of the loan to be taken from the Chinese bank and the interest rate are yet to be fixed.
Tourism Ministry officials estimate that the four aircraft could cost $35 million for a combined package that includes spare parts and pilot training, among other facilities.
The Type Certification Board of the CAAN after a two-week China visit had submitted its report to its Director General Ratish Chandra Lal Suman in mid-September, recommending that the MA60 aircraft's technical and other capabilities compliances "are reliable". "We decided to proceed ahead with the pact after the CAAN confirmation that the proposed Chinese jets are fit for the Nepali skies," Subedi said.
Some analysts, however, have raised questions over the MA60's airworthiness as it has not yet been certified by the Federal Aviation Administration's (FAA) Federal Aviation Regulations (FAR).
Sources said the Nepal government needs to finalise the deal before the end of the Chinese fiscal year. China's fiscal year begins from January 1 and ends on December 31.
(Source:ekantipur | Nepal's No.1 News Portal | Homepage)
Xian MA60 - Wikipedia, the free encyclopedia
The Xian MA60 (新舟60, XÄ«nzhÅu 60, "Modern Ark 60") is a turboprop-powered airliner made by China's Xi'an Aircraft Industrial Corporation under the China Aviation Industry Corporation I (AVIC I). The MA60 is a stretched version of the Xian Y7-200A,[4] which was produced based on the An-24 to operate in rugged conditions with limited ground support and has short take-off and landing (STOL) capability.[5]