NAC signs deal with IAE

The national flag carrier has signed its first order – a week ago – with IAE International Aero Engines AG to supply V2500-A5 SelectOne engines to power the two A320ceo aircraft it has ordered plus options for two additional aircraft.

Nepal Airlines Corporation (NAC) is going to take the delivery of the aircraft in 2015.

"Given Nepal’s mountainous terrain, we chose V2500 SelectOne engines because of their long-standing reputation as both reliable and fuel-efficient power plants,” said managing director of Nepal Airlines Corporation Madan Kharel in a statement.

"These engines will help us continue providing reliable air transport to our customers," he added.

"We are proud that Nepal Airlines Corporation selected V2500 engines for their A320ceo aircraft,” said president of Pratt & Whitney Commercial Engines Dave Brantner. "This is their first order for V2500 engines, and we look forward to establishing a long relationship with them," he added.

IAE is a multinational aero engine consortium whose shareholders are comprised of Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines.

To date, more than 5,900 V2500(R) engines have been delivered to close to 200 customers around the world.

The ailing national flag carrier had on June 18, 2013 signed Rs 10 billion loan agreement with the Employees’ Provident Fund to buy the two Airbus aircraft.

Earlier, the corporation, had confirmed – after a long debate – the order for teo Airbus A320-200 aircraft purchase on June 27, 2013

The corporation currently has two age-old Boeing 757 planes that fly to some four international destinations.