Nepal Airlines Corporation was established in 1958 and began operations with one aircraft serving domestic routes. The presentation analyzes Nepal Airlines Corporation through a SWOT analysis, discussing its strengths as the national carrier representing Nepal, but also its weaknesses like weak finances and mismanagement. Opportunities for growth through tourism and partnerships with other airlines are mentioned. Threats include political instability, competition and rising fuel costs. The impacts of liberalization, Nepal's WTO participation, and linking tourism policy to the airline are evaluated. Problems like outdated infrastructure and an unstable government are identified. The presentation recommends adopting a business level strategy of cost leadership to gain a competitive advantage through lower costs.