Written by The Banking Post
Biman Bangladesh Airlines reported a sharp jump in earnings in fiscal 2024–25, with net profit rising 178 per cent year-on-year to Tk 7.85 billion, driven by higher passenger traffic, growing cargo business and stricter cost management.
The state-owned carrier also posted an operating profit of Tk 16.02 billion during the year, while total revenue increased 9.46 per cent to a record Tk 115.59 billion — the highest in the airline’s history.
With the latest results, Biman extended its profit run to a fifth straight year and remained in the black in nine of the last ten fiscal years, according to officials.
The financial performance was presented at the airline’s annual general meeting, attended by board members, shareholders and representatives from several government ministries.
During the year, Biman operated a fleet of 21 aircraft and carried 3.38 million passengers on 30 domestic and international routes, slightly higher than the previous year. Cargo operations recorded robust growth, with 43,918 tonnes transported and revenue jumping 45.21 per cent to Tk 9.25 billion.
The airline also earned additional income by providing ground handling services to more than 31,000 foreign airline flights, serving over 6.1 million passengers.
Officials noted that Biman remains a fully self-financed state-owned enterprise and has never received government subsidies in its 54-year history.
Passenger confidence continued to improve, with the airline recording its highest-ever ticket sales in January 2025. Improved baggage handling, better in-flight services and streamlined airport processes helped lift customer satisfaction, while adherence to international safety standards supported its strong operational record.
Industry observers have attributed the improved performance to fleet modernisation, expansion of profitable international routes and a stronger focus on service quality.
