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Biman’s profit jumps 178% as flag carrier posts Tk 785 crore gain
Bangladesh’s state-owned airline Biman Bangladesh Airlines posted a net profit of Tk 785.21 crore in fiscal 2024–25, nearly tripling earnings from a year earlier, as higher passenger traffic and tighter cost controls lifted the carrier’s financial performance, officials said.
The state-owned airline also achieved an operational profit of Tk 1,602 crore during the same period, while its total revenue stood at Tk 11,559 crore — up 9.46 percent year-on-year — the highest in the airline’s history.
With this, Biman continued its profit streak for the fifth straight year and posted net profits in nine of the last ten fiscal years, according to a media release signed by Boshra Islam, general manager (public relations) of Biman, on Thursday.
The financial statements were disclosed at the airline’s Annual General Meeting (AGM), with Biman Board of Directors Chairman Sk. Bashir Uddin in the chair. The board members and shareholders were also present.
Representatives from the Ministry of Finance, Ministry of Civil Aviation and Tourism, Ministry of Power, Energy and Mineral Resources, Ministry of Foreign Affairs, Cabinet Division and Ministry of Commerce were also present.
During FY2024–25, Biman operated 21 aircraft and transported a total of 33.83 lakh passengers across 30 domestic and international destinations, representing a 1 percent increase compared to the previous year.
The airline’s cargo operations showed significant growth, carrying 43,918 metric tonnes and generating revenue of Tk 925 crore, a 45.21 percent rise year-on-year.
Besides, Biman provided ground handling services to 31,112 foreign airline flights, serving more than 6.1 million passengers.
Officials said Biman is a fully self-financed state-owned enterprise and has not received any government subsidy in its 54-year history.
In January 2025, the airline achieved its highest-ever ticket sales, reflecting growing passenger confidence and rising market popularity. Faster baggage delivery, improved in-flight services and modernised airport processes have contributed to higher customer satisfaction.
Biman has also maintained a strong safety record by strictly adhering to international aviation safety standards.
Aviation experts have praised the airline’s recent fleet modernisation, expansion of profitable international routes and enhanced customer service, reports UNB.