Kathmandu – Summit Air Limited, a key player in Nepal’s domestic aviation sector, has announced an operating income of NRs. 89.9 crore for the Fiscal Year 2025. The airline, which operates with a fleet of four aircraft, continues its service primarily to remote and short take-off and landing (STOL) airfields across the country.
Strong Financial Performance
The recorded operating income of NRs. 89.9 crore reflects the airline's persistent operational efforts in a challenging market. Summit Air's current fleet is comprised of aircraft specifically suited for Nepal's demanding topography, ensuring connectivity for passengers and essential cargo to and from remote mountain regions, including Lukla. The company's revenue stream is significantly dependent on these specialized flights.
Leadership Driven by Aviation Veteran
The airline’s performance is attributed, in part, to the seasoned leadership of its Chairman, Mr. Bikash J.B. Rana. Mr. Rana, a highly respected figure in Nepali aviation, is a veteran pilot with an impressive record of over 7,500 flight hours and a career spanning 20 years in the skies.
"Mr. Rana's extensive experience, which includes a background as a helicopter pilot and instructor, and his prior roles as a President of the Airlines Operator's Association of Nepal (AOAN) and a Board Member of the Civil Aviation Authority of Nepal (CAAN), solidifies his position as a guiding force at the forefront of the nation's aviation frontier."
Mr. Rana’s expertise and strategic direction are vital for Summit Air as it navigates the complexities of operating in the Himalayan region, ensuring both profitability and continued essential air services.
Future Outlook
As the airline industry globally anticipates a rise in traveler numbers, Summit Air remains focused on its core mission of connecting Nepal's remote areas. The leadership's commitment to safety and operational efficiency is expected to be key in sustaining its financial stability and contributing to the national tourism and transport infrastructure.