MGH Group, one of Bangladesh’s leading logistics conglomerates, is set to expand into the aviation industry with its new airline Fly Falcon. The airline will operate under Air Falcon Bangladesh Limited, a joint venture between MGH Group, holding a 51 percent stake, and UAE-based International Business Company (FZE), which owns the remaining 49 percent. The UAE partner company is owned by the Sultan of Sharjah, whose group also operates Air Arabia.
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According to company officials, Fly Falcon will offer both passenger and cargo flight services, marking MGH Group’s entry into full-scale air operations alongside its existing helicopter business. The company has already submitted a Letter of Intent (LOI) to the Civil Aviation Authority of Bangladesh (CAAB) and held a pre-application meeting with its officials.
The meeting was attended by Anis Ahmed, Chairman and CEO of MGH Group, who will also serve as Chairman of Fly Falcon, and Adel Abdullah Mohammed Ali, Managing Director of the foreign partner FZE.
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Fly Falcon is currently in the initial stage of approval, and the company has confirmed that the next steps will follow CAAB’s observations and recommendations. With its strategic investment structure and strong international partnership, Fly Falcon aims to contribute to Bangladesh’s growing aviation market and strengthen regional connectivity through modern and reliable air services.