EconomyLens.com
No Result
View All Result
Saturday, August 1, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

Bangladesh signs biggest-ever plane deal for 14 Boeings

Andrew Murphy by Andrew Murphy
April 30, 2026
in Business
Reading Time: 5 mins read
A A
0
43
SHARES
543
VIEWS
Share on FacebookShare on Twitter

Biman Bangladesh Airlines CEO Kaizer Sohel Ahmed (L) and Boeing Vice President Paul Righi (R) exchange signed documents after signing the deal. ©AFP

Dhaka (AFP) – Bangladesh on Thursday signed a deal with US aircraft manufacturer Boeing to buy 14 planes for its national carrier Biman Bangladesh Airlines, the two sides announced — the airline’s biggest-ever order, in a deal valued at $3.7 billion. Dhaka’s state-run BSS news agency called it the “biggest modern fleet expansion” for the national airline, under an agreement hammered out last year as part of a tariff deal with the United States.

Related

Egypt captains recount scramble to stop disaster after drone strike

New York sues online prediction markets giant Kalshi

BP seeks to sell North Sea business as UK faces drilling dilemma

UEFA says will boycott World Cup if FIFA pushes private investor proposal

Prada profits pinched as growth hard to chase

The deal calls for the delivery over the next decade of eight 787-10 Dreamliners, two 787-9 Dreamliners, and four single-aisle 737-8 MAX jets, the company’s “largest-ever order,” the two sides said in a joint statement. The 787-10s will be used to serve destinations in the Middle East, while the 787-9s will be used for long-haul flights to Europe and North America. “The new fuel-efficient, technologically advanced aircraft will modernise Biman’s fleet, sharpen operational performance, and extend its international route network,” Biman CEO Kaizer Sohel Ahmed was quoted as saying.

The contract was signed at a formal ceremony in Dhaka. Bangladesh has a reported 19 aircraft in its current fleet, an estimated 14 of them from Boeing. Biman currently serves 22 international destinations from Dhaka, with its longest flight linking the Bangladeshi capital to Toronto via Istanbul. The purchase was agreed in August 2025 by the caretaker government which ran the South Asian nation of 170 million people after a 2024 revolution, until a new government was elected in February.

Bangladesh, the world’s second-biggest garment manufacturer, struck a trade deal with the United States to scale back President Donald Trump’s punishing tariffs. The United States represents 20 percent of Bangladesh’s ready-made garments exports. Dhaka proposed buying Boeing planes and boosting imports of US wheat, cotton, and oil to help narrow its trade deficit, which Trump used as justification for imposing painful levies.

But an initial proposed 25 aircraft was slashed to 14. The deal sparked frustration in Europe, which had been in discussion to sell Airbus planes to Bangladesh. Trump threatened Bangladesh with 37 percent tariffs, more than double the then 16 percent on cotton products. That was scaled back to 20 percent after the deal. Textile and garment production accounts for about 80 percent of exports in Bangladesh and the industry has been rebuilding after the deadly 2024 unrest that toppled the government.

© 2024 AFP

Tags: aviationbangladeshBoeing
Share17Tweet11Share3Pin4Send
Previous Post

Apple earnings beat forecasts on iPhone 17 demand

Next Post

Venezuela opens arms to world with Miami-Caracas flight

Andrew Murphy

Andrew Murphy

Related Posts

Business

Musk plans major Republican midterm spending push: report

July 30, 2026
Business

BMW profit down a third as carmaker plans job cuts

July 30, 2026
Business

Car maker Stellantis says back in profit in second quarter

July 30, 2026
Business

Campari – king of the spritz – hopes to conquer American heartland

July 30, 2026
Business

Air France-KLM and Lufthansa bid for Portugal’s TAP airline

July 29, 2026
Business

Profits soar at Airbus as it delivers more planes

July 29, 2026
Next Post

Venezuela opens arms to world with Miami-Caracas flight

Trump says lifting Scottish whisky tariffs to 'honor' King Charles

Venezuela leader hikes minimum wage package by 26%

Blockbuster EU-Mercosur trade deal enters into force

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

103

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Egypt captains recount scramble to stop disaster after drone strike

August 1, 2026

Amazon surges as US stocks shrug off bond yield worries

August 1, 2026

Oil giants report blowout profits on war, warn high gas prices could persist

August 1, 2026

US Fed dissenters call for rate hikes over sustained inflation

August 1, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.