Apr 15, 2024

CAAN starts financial audit of domestic airlines

CAAN starts financial audit of domestic airlines

KATHMANDU, Feb 27: The Civil Aviation Authority of Nepal (CAAN) has started a financial audit of all airlines to ensure the safety of domestic flights.

The CAAN has started a financial audit saying that due to the economic crisis, if the salaries of the pilots, engineers and employees are not paid, there will be problems in the flight safety as well. A few days ago, the CAAN had banned Guna Airlines from flying due to non-payment of salary.

After that, the CAAN is going to conduct a financial audit of all internal companies. The CAAN is going to ban the company that does not pay the service dues even from flying.

Flight permission will be given only after financial audit along with security. Every two years, airlines have to renew their flight operating certificates. It will be renewed after looking at the company's business plan and financial condition," said an employee of the CAAN, "most of the operating airlines have not raised their dues. Their flight will be stopped now. According to the CAAN, all the companies except Buddha Air are in arrears. According to the CAAN, companies that flies to remote and hilly areas also have arrears.

According to the CAAN, the domestic flight company has arrears of Rs 48 crore. "The backbone of the safe service of the aviation industry is the strong financial condition. The arrears for the CAAN's service facility have not been submitted. It will have an impact on maintenance and staffing," he said.

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