KATHMANDU: Nepal-based Alpine Air and UKbased Net Airways have signed an agreement to operate international flights from Nepal. Surendra Malla, chairman of Alpine Air and Bikram Joshi, founding director of Net Airways, on Sunday signed the agreement. Net Airways is a London-based company, incorporated with investments from British Nationals of mainly Nepalese origin and Non-Resident Nepalese living in the UK. Alpine Air will have a paid-up Capital of approximately Rs 550 million initially and the same will be gradually raised to Rs 1 billion in the near future. Alpine Air has announced its plan to begin its operation with an Airbus A320-200 aircraft and add a second aircraft within three months of operation.
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