Print Edition - 2017-07-06 | MONEY
Fresh attempt to sell off Boeing 757
Jul 6, 2017-
NAC has issued a notice for direct negotiations for the sale of its vintage Boeing 757 since there were no takers even after publishing two consecutive auction notices.
On April 10, the corporation put one of its two Boeing 757s up for auction. However, it did not receive a single bid for the 30-year-old jet. On June 29, the corporation issued a direct negotiation notice which will be valid until July 13.
The minimum sale price for the 757 named Karnali bearing registration number 9N-ACA is $1.71 million, according to the auction notice. The aircraft has been sitting outside the NAC hangar at Tribhuvan International Airport (TIA) since April 2016 following the corporation’s policy to phase out its Boeing fleet.
NAC decided to retire the aircraft after conducting a cost-benefit analysis. Based on the operational cost analysis, it does not make sense to fly the aircraft, it said. The 9N-ACA arrived in Nepal in 1987 and flew on long-haul routes, displaying the national flag at world airports. The 757 holds 190 passengers.
Published: 06-07-2017 08:27