Thursday, November 29, 2007

NAC moves SC over Ameco row
Nepal Airlines Corporation (NAC) on Wednesday moved the Supreme Court seeking revision of an interim order relating to overhaul of two jet engines by a Chinese company.
In the application, the national flag carrier apprised the court of the compensation sought by Beijing-based Ameco following the November 13 interim order that prevented the company from overhauling two jet engines of NAC Boeing 757 aircraft.

In a recent letter to NAC, the company sought US$ 11 million in compensation and threatened litigation in the wake of the interim order.

The China-based company was awarded the bid to overhaul the engines of the troubled airline but the Supreme Court stopped the bid through its interim order.

Earlier this week, the Public Accounts Committee of parliament also ordered NAC to find a solution to the problem created by the interim order.

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