Founded in 2009, Tara Airlines is an airline based at Tribhuvan International Airport in Kathmandu, Nepal. The airline, which is a subsidiary of Yeti Airlines, operates charter and scheduled services and specialising in serving remote and mountainous airports and airstrips.
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Nepal, dominated by regional carriers due to its mountainous geography and dispersed, is progressively enhancing its international connectivity amid continued tourism growth in the picturesque country. However, despite the rise in visitor numbers, tourism revenues, an important part of the nation’s economy, are not rising to a similar extent and the nation’s poorly performing carriers are facing a rising threat from larger rivals across the border in India.
Nepal, dominated by regional carriers due to its population spread across mountainous regions, is progressively enhancing its international connectivity, although its carriers face a rising threat from larger rivals across the border in India. This report provides the latest strategic updates at Nepal’s expanding airlines, Nepal Airlines, Buddha Air, Yeti Airlines and Tara Air.
Start-up carriers are continuing to enter the market in most places in 4Q2009, taking advantage of lower aircraft prices, as well as airline failures and/or capacity reductions by rivals in some markets. Several of the new carriers are the result of cross-border expansion by airlines in emerging markets, such as Eastern Europe and Africa.