Nepal Airlines plans to dry lease two A320s

This story is sourced from Pro
See more Pro news »

Nepal Airlines has issued a tender for the dry lease of two Airbus A320 aircraft powered by International Aero Engines V2527E-A5 powerplants.

According to the tender document posted on the company's website, the aircraft should have a two-class configuration, with 8-12 business class seats and 140-160 economy class seats. In a single-class configuration, the aircraft can have 150-170 economy seats.

The tender document also stipulates that the aircraft has to be less than 10 years old. It requires the first aircraft to be delivered by 26 October, and the second by 29 March 2014.

Flightglobal's Ascend database shows that the 2014 monthly lease rate of a 2003 vintage A320 - powered by the IAE V2527E-A5 - is approximately $212,000, with the price falling to $203,000 in 2015. For a new-build aircraft, the monthly lease rate is approximately $346,000 in 2014, with this value falling to $327,000 in 2015.

In late April, the carrier signed a memorandum of understanding for two sharklet-equipped A320s.