Overview of Bangladesh Aviation Industry

3486 WordsApr 20, 201114 Pages
Overview of Bangladesh aviation industry In Bangladesh, the aviation or airlines industry is a booming one. Because of the increasing impact of globalization export and import activities is getting huge day by day in Bangladesh. Moreover Bangladesh has increased its diplomatic and political activities in order to build stronger rapport with other countries of the world. Additionally, the number of Bangladeshi students going abroad for studies is larger than ever. As a result, everyday a huge number of cargo and passenger is getting in and out of the country through aircrafts. Furthermore, the number of domestic flights for transporting passenger and cargo is also on a rise. Due to this growing demand for air transport the Government is…show more content…
Its main hub is at Shahjalal International Airport in Dhaka, and also operates flights from Shah Amanat International Airport in Chittagong, earning revenue from the connecting service to Osmani International Airport in Sylhet. Biman provides international passenger and cargo service to Asia and Europe, as well as major domestic routes. It has air service agreements with 42 countries, but only flies to 16. The airline was wholly owned and managed by the Government of Bangladesh until 23 July 2007, when it was transformed into the country's largest public limited company by the Caretaker Government of Bangladesh. The airline's headquarters, Balaka Bhaban, is located in Kurmitola, Dhaka. Created in February 1972, Biman enjoyed an internal monopoly in the Bangladesh aviation industry until 1996. In the decades following its founding, the airline expanded its fleet and destinations, but it was adversely affected by corruption and mishaps. At its peak, Biman operated flights to 29 international destinations as far away as New York City to the west and Tokyo to the east. The airline has suffered heavy financial losses, and has a reputation for poor service because of regular flight cancellations and delays caused by its ageing fleet. For safety reasons, some of Biman's long-haul (long destination) aircraft have been banned in the United States and the European Union. Annual Hajj flights, transporting non-resident Bangladeshi workers and migrants, and the activities of
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