Will Bangladesh's interim government finalize a long-term deal for 14 new Boeing jets?
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The Bangladesh interim government is negotiating a long-term financing deal with Boeing to acquire 14 new aircraft, valued at an estimated Tk 30,000-35,000 crore.
Key Takeaways
- •14 new Boeing aircraft, including 787 Dreamliners and 737 MAX jets, are being negotiated for Biman Bangladesh Airlines.
- •The deal is valued between Tk 30,000-35,000 crore, with a long-term payment schedule extending up to 20 years.
- •The aircraft procurement is directly tied to the Bangladesh interim government's efforts to reduce US tariffs and the bilateral trade deficit.
- •The purchase follows a techno-financial analysis that compared proposals from both Boeing and its European rival, Airbus.
The Bangladesh interim government is in advanced aircraft procurement negotiations with Boeing for a major fleet expansion. The deal involves the purchase of 14 new aircraft for the national flag carrier, Biman Bangladesh Airlines. This potential agreement marks a significant step in the Bangladesh aviation market.
Civil Aviation Adviser Sk Bashir Uddin confirmed the ongoing negotiations. A negotiation team is working to finalize the price and terms with the US manufacturer. The decision follows a techno-financial analysis that considered proposals from both Boeing and Airbus.
Key Deal Details and Financing
The proposed Boeing aircraft purchase is estimated to be valued between Tk 30,000-35,000 crore. This figure is equivalent to approximately Tk 300-350 billion.
Crucially, the deal is structured as a long-term financing deal. Payments are expected to be spread over an extended period. This payment schedule could range from 10 years up to 20 years.
Aircraft Types
The 14 new aircraft are intended to modernize the Biman Bangladesh Airlines fleet. The proposed acquisition includes a mix of wide-body and narrow-body jets. Specifically, the list includes ten Boeing 787 Dreamliners. This is comprised of eight 787-10s and two 787-9s. The deal also covers four Boeing 737-8 MAX aircraft.
These aircraft types will enable Biman to expand its long-haul international routes. They will also boost capacity on key regional operations.
Broader Economic and Trade Impact
This large-scale long-term financing deal is not solely an aviation matter. The purchase is linked to broader trade discussions with the United States.
Adviser Uddin noted that the purchase is part of efforts to narrow the trade deficit. Bangladesh currently has a trade imbalance with the US. The government is also seeking to reduce US tariffs on Bangladeshi exports.
Fleet modernization plans are vital for operational efficiency. Newer jets offer better fuel burn and lower maintenance requirements. This aligns with global industry standards set by organizations like IATA. The expansion will support the country's growing demand for air travel. Biman's master plan indicates a need for at least 47 aircraft by 2035.
- The negotiation team is led by Planning Adviser Wahiduddin Mahmud.
- The deal is expected to be finalized around the current date.
- The purchase is a significant step toward reducing the US-Bangladesh trade deficit.
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Written by Ujjwal Sukhwani
Aviation News Editor & Industry Analyst delivering clear coverage for a worldwide audience. Covers flight operations, safety regulations, and market trends with expert analysis.
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