The government will provide a sovereign guarantee to Biman Bangladesh Airlines to buy 14 aircraft from US planemaker Boeing, as the two sides are likely to sign a deal within this month, sources at the national flag carrier said.
The first aircraft from Boeing for Biman is scheduled for delivery in November 2031, with the remaining aircraft expected to arrive by October 2035, Boshra Islam, general manager of Biman, told the media yesterday.
Biman to purchase 14 Boeing aircraft in 2026
The board of Bangladeshi flag carrier Biman Bangladesh Airlines (BG) has greenlit an order for 14 Boeing jets. No word on when the deal would be finalised.
The proposed deal comprises two Boeing 787-9s, eight 787-10 Dreamliners, and four 737 MAX 8s. This will double the airline’s current Boeing fleet. Formal negotiations on the deal terms between the carrier and Boeing will now begin following the board’s decision.The Dhaka-based airline’s current fleet compr...
Assessing Bangladesh’s maritime risks and challenges
On March 12, 2024, the MV Abdullah, a Bangladesh-flagged bulk carrier owned by SR Shipping, was attacked by Somali pirates in the Indian Ocean while transporting 55,000 tonnes of coal from Maputo, Mozambique, to the UAE.
The crew consisted of 23 Bangladeshi members, highlighting the vulnerability of Bangladesh’s merchant fleet to maritime piracy, especially amidst rising tensions in regions like the Red Sea caused by Houthi rebels.
Bangladesh on track to achieve energy efficiency goals ahead of 2030
Bangladesh’s decade-long efforts to improve energy efficiency are showing significant results, with the country on course to achieve its 2030 targets ahead of schedule, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
Titled “Bangladesh’s Energy Efficiency Goals Within Reach, the report, authored by Shafiqul Alam, Lead Energy Analyst for Bangladesh, IEEFA South Asia, highlights that targeted energy efficiency measures have saved the country billions of dollars in fossil fuel imports while delivering economic and environmental benefits.Largest 220 MW solar power plant in Sonagazi
State-owned power generation company Electricity Generation Company of Bangladesh (EGCB) has planned to set up the power plant with financing from the Islamic Development Bank (IDB).
A scrutiny and evaluation meeting (PEC) will be held tomorrow (Sunday) at the Industrial Energy Division of the Planning Commission on the project. If the pr...The company has sent a project proposal titled 'Setting up Sonagazi 220 MW Solar Power Plant' to the Planning Commission at a cost of Tk 1,888.10 crore.
Strict action against unapproved insurance policies
Insurance Development and Regulatory Authority (IDRA) has warned of stern action if non-life insurance companies operate or market unapproved insurance policies.
As per the circular, all the insurance plans operated by non-life insurance companies as insurance plans in the insurance business before ...IDRA has issued a circular in the name of non-life insurers. This circular has been issued titled ‘Guidelines to be followed in the management of insurance plans’.
