FlyYeti.com, 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, FlyYeti.com said it "has enjoyed a pleasant performance" and 80% load factors and that it "will ...

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