Tag: NAC sends $500k to Airbus as lock-up fee

  • NAC sends $500k to Airbus as lock-up fee

    Nepal Airlines Corporation (NAC) has sent a “commitment fee” to Airbus to buy two A320-200 aircraft as per a revised memorandum of understanding (MoU) signed on April 6. NAC managing director Madan Kharel said they sent US$ 500,000 to the European aircraft manufacturer on Monday to formally confirm the order. As per the MoU, Airbus […]