At least 68 people died after the Yeti Airlines service from Kathmandu hit the ground and caught fire after rolling sharply on the approach to Pokhara airport.
Speaking to the BBC, police spokesperson Tek Prasad Rai said it was "unlikely" there will be any survivors. It is still unclear what caused the crash.
The aircraft, an ATR 72 turboprop, was predominantly carrying Nepalese passengers, but the BBC reports there were also nationals from India, Russia, South Korea, Ireland, Australia, Argentina and France onboard.
Following the incident, the FCDO advised there will likely be disruption to flights in and out of the country "for some time".
"Travellers are advised to expect delays and possible cancellations. You should contact your airline and/or tour operator for up to date information," read the updated FCDO advice.
In a statement, Yeti Airlines said: "In mourning for the passengers who lost their lives in the accident of Yeti Airlines 9N ANC ATR 72 500. we would like to inform you that all regular flights of Yeti Airlines for 16 January 2023 have been cancelled.
"However, emergency and rescue flights will resume. We apologise for the inconvenience caused."
