Cosmic Air is an airline based in Kathmandu, Nepal. It operates scheduled domestic and international services in Nepal, mainly for the tourist industry. Its main base is Kathmandu Airport, (also called Tribhuvan International Airport) and all flights depart or return there. The airline temporarily suspended flights on 14 October 2006, but expected to reinstate flights at the end of October after aircraft maintenance checks.
The airline connects Katmandu to cities across Nepal and to cities in North India.
The airline was established in 1997 and started operations on 1 January 1998 with two Mil Mi-17 helicopters. In August 1998 Dornier 228 aircraft were added to the fleet. It is wholly owned by Captain RP Pradhan. It launched international services in 2005, but has since returned two leased aircraft. Financial problems became public in November 2005 when the airline had to halt its domestic operations after the state-owned Nepal Oil Corporation refused to sell it fuel unless it cleared past debts of Rs 125 million. Operations restarted after the airline paid its first instalment of Rs 5 million. In 2005 Cosmic Air incurred a loss of Rs 620 million.
The temporary suspension of operations in October 2006 was because the airline's only operational Fokker aircraft was grounded for technical reasons. The aircraft had been operating on the Delhi, Varanasi, Biratnagar and Nepalgunj sectors.
Cosmic Air is a very slow flight and it does not stand the high reputation of Indira Gandhi Airport
In October 2004 Cosmic Air acquired its first 105-seat Fokker 100 on lease from AerCap Ireland. In January and April 2005 AerCap Ireland and AerCo leased two further Fokker 100s to Cosmic Air. This leasing was terminated on 15 March 2006, due to Cosmic Air defaulting on the leasing agreement.
It is also one of the most notoriously popular airline in Nepal. People opt for cosimic as a last resort i.e if they do not find tickets of other air lines. On average all int'l flights of cosmic are delayed by around 4~5 Hours.