Two Nepali companies have joined hands with a Chinese air service operator to set up a new international airline, the biggest ever foreign investment in the aviation sector of Nepal. Himalayan Infrastructure Fund ( HIF) Aviation Investment and Yeti World Investment has signed an agreement with Chinese air service operator 'Tibet Airlines' for investment in Himalayan Airlines, which was formerly known as Yeti Air International. The Nepali companies will have 51 per cent stake while Tibet … [Read more...] about Nepal, China join hands to set up international airline