Biman looking for alternative income to cut financial crisis

The aviation sector is still in crisis due to the epidemic. Even though limited flights have been started in different countries, the domestic airlines are struggling to meet the operating expenses. In this situation, the state-owned Biman Bangladesh Airlines is cutting staff salaries to reduce costs. In the face of this crisis, the aircraft is looking for alternative income.

In this regard, Biman sources said, if it has the capacity to operate flights on 19 international routes, it will not be able to operate flights on all routes due to various reasons. Instead, the passengers had to return the money as the flight was canceled. Biman’s office operating expenses at home and abroad are over one hundred crore rupees. Biman has a fleet of 19 aircraft, which cost around Tk 260 crore a month to maintain. In such a situation the airline started cutting staff salaries to reduce costs in the Corona epidemic, which is still ongoing. However, not being able to take advantage of it, the company has taken a loan of one thousand crore rupees from the government.

According to sources, the airline has its own printing press, car repair workshops and fish, poultry, cow and vegetable farms. The aircraft’s own needs are met from these places. However, Biman has taken initiative to earn income by using these sectors commercially.

Sunbd/NJ