Four private airlines take off in Bangladesh
February 21st, 2008
Four new private airlines have rushed in to meet the fast-growing demand for air travel, seizing the initiative from Bangladesh Biman International, which has remained sluggish after its belated privatisation last year.
This is aviation boom time in Bangladesh with the launch of three private airlines in the last eight months and another set to start commercial flights next month.
Private airline operators say the industry is growing by 7.5-8 percent every year, with a market size of passengers alone swelling to around 35 billion takas ($6 million).
‘The aviation industry witnessed a 7.6 percent growth globally last year and it was also the same in Bangladesh,’ said Tasbirul Ahmed Choudhury, chairman and managing director of United Airways (BD) Ltd., which started operation in July 2007.
An ailing Biman, with its losses piled up and short of funds to refurbish its fleet, could not meet the passenger traffic last year, mostly of Bangladeshis working abroad, forcing the government to bring in foreign airlines to transport an estimated 130,000 passengers, who were on the verge of losing their jobs because of the delays.
Around four million passengers fly from Zia International Airport (ZIA) to different foreign destinations every year, while about 180,000 to 240,000 more aspiring passengers cannot go to the Middle East due mainly due to lack of seats, Wahidur Rahman of Anmole told The Daily Star newspaper.
Apart from United Airways, Best Air made its debut in mid-January and Aviana Airways, with the brand name Royal Bengal, in late January, both on domestic routes so far.
Earlier, GMG Airlines was the only private airline operating on domestic routes along with national flag carrier Biman Bangladesh Airlines Ltd.
Anmole Albab Airlines Ltd, another private airline, under the brand name of A2 Air is set to operate international passenger flights from Bangladesh in March this year.
Initially, it will operate flights to the Middle East and Far Eastern countries.
‘We have already completed all the procedures to collect two Boeing-747 aircraft to operate flights on international routes,’ said Wahidur Rahman Rana, chief financial officer of Anmole Albab Airlines.
Non-resident Bangladeshis’ contribution to the industry is significant as they, mostly from Britain and the US, have launched two of the four private airlines.
The private airlines are also planning to add more aircraft to their fleet so that flights can be expanded to international destination