Biman Bangladesh Airlines is set to take a major step toward long-term growth as it signs a landmark aircraft purchase agreement with Boeing, marking the largest fleet expansion in the airline’s history. The deal, valued at approximately $3.7 billion (Tk 37,000 crore), includes the purchase of 14 aircraft and reflects a strategic shift toward scaling operations to meet rising passenger demand.
Under the agreement, Biman will acquire eight Boeing 787-10 Dreamliners, two Boeing 787-9 Dreamliners and four Boeing 737-8 MAX aircraft. This mix of wide-body and narrow-body jets is designed to strengthen both long-haul and regional operations. The Dreamliners will support routes to Europe, the Middle East and Asia, while the 737 MAX aircraft will enhance short-haul connectivity across regional destinations.
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The investment comes at a critical time for Bangladesh’s aviation sector. With the third terminal at Hazrat Shahjalal International Airport nearing launch, the country is preparing for increased international traffic and improved passenger experience. The expansion of Biman’s fleet aligns directly with this infrastructure upgrade, enabling the airline to handle higher volumes and improve service efficiency.
Currently operating with around 19 aircraft on international routes, Biman faces a capacity gap compared to the estimated requirement of 30 to 35 aircraft needed to meet growing demand. This new order is expected to gradually bridge that gap, with the first aircraft scheduled for delivery in October 2031 and the remaining units arriving by November 2035. Over the longer term, Biman aims to expand its fleet to 47 aircraft by 2041.
From a financial perspective, the payment structure has been designed to reduce immediate pressure. Officials indicate that the cost will be spread over a long-term period of up to 20 years, with annual payments estimated between Tk 1,500 crore and Tk 2,000 crore. The government will provide a sovereign guarantee to support financing, ensuring access to favorable lending terms and reducing risk for international partners.
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Beyond fleet expansion, the deal also carries broader economic and strategic implications. It concludes more than three years of competition between Boeing and Airbus for Biman’s next major order, ultimately reinforcing Boeing’s long-standing relationship with the airline. At the same time, the decision aligns with wider economic considerations, including trade dynamics and international partnerships.
Looking ahead, this move positions Biman to evolve from a capacity-constrained national carrier into a more competitive regional player. With a modernized fleet, improved infrastructure and a clear long-term expansion plan, the airline is expected to strengthen Bangladesh’s connectivity, support tourism and trade and contribute to the country’s ambition of becoming a key aviation hub in South Asia.