Bangladesh Signs $3.7 Billion Deal to Acquire 14 Boeing Jets
Bangladesh to acquire 14 Boeing jets in $3.7 billion deal amid US trade pact
The Economic Times
Image: The Economic Times
Bangladesh is set to sign a $3.7 billion agreement with Boeing to acquire 14 aircraft for Biman Bangladesh Airlines, marking a significant fleet expansion. This deal, influenced by a tariff agreement with the United States, aims to enhance the national carrier's capabilities amid ongoing economic recovery.
- 01Bangladesh will acquire 14 Boeing aircraft for $3.7 billion.
- 02The deal includes eight Boeing 787-10 Dreamliners, two Boeing 787-9 Dreamliners, and four Boeing 737-8 MAX jets.
- 03This acquisition is part of a larger trade agreement with the United States to reduce tariffs.
- 04The national airline currently operates a fleet of 19 aircraft, primarily from Boeing.
- 05The agreement was reached following a political transition in Bangladesh after the 2024 revolution.
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Bangladesh is poised to sign a $3.7 billion deal with Boeing to acquire 14 new aircraft for its national carrier, Biman Bangladesh Airlines. This agreement, which includes eight Boeing 787-10 Dreamliners, two Boeing 787-9 Dreamliners, and four Boeing 737-8 MAX jets, represents the largest fleet expansion for the airline in recent history. The deal is part of a broader tariff agreement with the United States aimed at reducing trade barriers that had previously impacted Bangladesh's garment exports, which constitute about 80% of its total exports. The agreement was finalized in August 2025 by a caretaker government following a 2024 revolution that led to a change in leadership. The acquisition is expected to strengthen the airline's operations as Bangladesh continues to recover economically.
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The acquisition is expected to enhance Biman Bangladesh Airlines' operational capacity, potentially increasing international competitiveness and boosting the economy.
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