Biman Bangladesh Airlines will buy 14 Boeing jets under a new $18.5B US trade deal.

Bangladesh and the United States signed a major trade deal on Monday. This agreement is worth $18.5 billion. It includes a large order for new aircraft. Biman Bangladesh Airlines will buy 14 jets from Boeing.

Fleet Expansion Details

The airline plans to buy several models. This includes eight Boeing 787-10 Dreamliners. It also includes two Boeing 787-9 Dreamliners. Four Boeing 737-8 MAX jets are also part of the deal. The total value is nearly $3.7 billion.

This move helps modernize the national carrier. The airline currently operates 21 aircraft. Most of these are already Boeing models. This new order will double their long-haul capacity. It also improves fuel efficiency for the fleet.

Economic and Trade Impact

The deal is part of a broader pact. Bangladesh will buy $15 billion in energy. It will also buy $3.5 billion in food. In return, the US cut export tariffs. The new reciprocal tariff is 19 percent.

Exporters gain zero-duty access for some goods. This applies to garments using US cotton. This link strengthens the global supply chain. It helps Bangladesh stay competitive in Asia.

Strategic Industry Shift

Biman chose Boeing over European rival Airbus. Previous plans for ten A350 jets were cancelled. The interim government prioritized the US partnership. This decision aligns with new trade goals.

• Modernization: New jets replace older planes.
• Connectivity: New routes to New York are planned.
• Efficiency: Dreamliners reduce fuel costs significantly.
• Support: The US EXIM Bank may provide funding.

Regulatory and Safety Standards

Dhaka will now recognize US safety standards. This includes vehicle and medical device rules. Digital customs procedures will also be updated. These steps improve the ease of doing business.

IATA data shows rising regional demand. Bangladesh needs more planes to compete. This deal ensures Biman can meet future growth. It also secures long-term technical support from Boeing.

Both nations see this as a win. It balances the trade deficit for Washington. It provides vital technology for Dhaka. The first deliveries are expected in phases. Formal notifications will trigger the agreement soon.

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