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The corporation, which is in debt of nearly 50 billion, and the prevailing situation could be attributed majorly to Chinese aircraft, according to a local media group, , Nepal Airlines, Chinese debt trap
Around 7 billion Nepali Rupees were used to buy six Chinese planes, which financially burdened the corporation. These planes were purchased for serving the people of the hilly and Himalayan regions. However, they became useless within three years.
Even after over six decades of its establishment, Nepal Airlines Corporation, the government flag carrier, continues to be in the grip of a debt crisis.