Yeti Air International (Kathamandu), a subsidiary of the Yeti Airlines Group, has been reformed as a new joint venture between Tibet Airlines (Lhasa, Tibet) (49 percent) and Yeti World Investment and HIF Aviation Investment according to The Economic Times. This time the airline will operate as Himalaya Airlines.
Himalaya Airlines will launch operations on October 28 on the Kathamndu-Lhasa route with leased Airbus A320 Family aircraft.
The airline will literally fly “on top of the world”.
Tibet Airlines started operations on July 26, 2011 and is 31 percent owned by Air China.
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Copyright Photo: Gerd Beilfuss/AirlinersGallery.com. Tibet Airlines will likely be the operator of the aircraft for the new joint venture. Airbus A319-115 D-AVYH (man 4766) became B-6436 on delivery.