NAC to go for wet lease scheme

KATHMANDU: After Nepal Airlines Corporation (NAC) failed to get bidders for dry lease of two narrow-body Airbus A320-200 jets, it has decided to go for wet-lease scheme. NAC sources said the management is likely to propose the board for wet lease scheme next Saturday. “As per the initial proposal, the management plans leasing an aircraft on wet lease basis for a year,” the source said, adding after a year’s operation, NAC’s plan is to change wet-lease scheme to dry lease. A plane supplied with a full operating crew is wet lease, while just the plane is supplied under the dry lease scheme. On May 13, NAC had invited bids for dry lease of two narrow-body Airbus jets for five years to prevent a shutdown of its international service. It received four bidders, but none of them were able to fulfill the requirement as asked by NAC in its bid documents. (PR)