In Nepal any corporation will go on bankruptcy because it is the organization from the peon to the minister try to get money out of it. Over staffing and unnecessary ( only in paper) repairs cost and poor management and not loyal and lack of due diligence are the main reasons for loss and failure.
How about the losses in past how they do take car of it? Government office are using excessive fuel and privet airplane companies have million of rupees past due are still in account receivable account which are long time due, still make the balance sheet positive, if they can not recover the money should turn to bad debt and stop fueling those airplanes company who had not long trails of past due unrecoverable. लूटको धन फुपुको श्राद्ध  is the motto of Nepalese Corporation. Fattening the employees  and the ministers.