, the low-cost joint venture between Air Arabia and Yeti Airlines operating out of Kathmandu, will suspend operations on July 16 owing to what it called "difficult operating conditions in Nepal and a presently opaque regulatory environment" and political conditions that made it impossible to guarantee the renewal of aircraft operating leases that expire this month. Launched in January, said it "has enjoyed a pleasant performance" and 80% load factors and that it "will ...

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