Biman Bangladesh Airlines has signed a contract with US manufacturer Boeing to purchase 14 new aircraft worth about 3.7 billion US dollars, equivalent to roughly 40,000 crore Bangladeshi taka. The signing ceremony took place on Thursday evening at a hotel in Dhaka, where Biman’s Managing Director and CEO Kaiser Sohail Ahmed and Boeing Vice President Paul Righi signed the agreement. The event was attended by the State Minister for Civil Aviation and Tourism M Rashiduzzaman Millat, the Prime Minister’s Foreign Affairs Adviser Humayun Kabir, US Ambassador Brent T Christensen, and other officials.

Under the deal, Biman will acquire eight Boeing 787-10 Dreamliners, two 787-9 Dreamliners, and four 737-8 MAX jets. Officials said the purchase aims to modernize the fleet and expand long-haul operations to meet growing passenger demand. The new aircraft will serve routes across Europe, the Middle East, and Asia. The agreement follows years of competition between Boeing and Airbus, with the interim government ultimately choosing Boeing after the 2024 political transition.

Payments will be made over 10 to 20 years, with annual installments estimated at 1,500 to 2,000 crore taka. The first delivery is expected by November 2031, meaning short-term fleet shortages will persist.