Bangladesh’s national flag carrier, Biman Bangladesh Airlines, has reported a sharp rise in profits for the 2024–25 fiscal year, nearly tripling its net earnings as increased passenger traffic and stronger cost management boosted financial performance.
The state-owned airline posted a net profit of Tk 785.21 crore, compared with the previous year, while recording an operating profit of Tk 1,602 crore, according to officials. Total revenue climbed to Tk 11,559 crore, marking a 9.46% year-on-year increase and the highest annual revenue in the airline’s history.
The financial results were formally presented at Biman’s Annual General Meeting (AGM) on Thursday. The meeting was chaired by Sk Bashir Uddin, chairman of the airline’s board of directors, and attended by board members, shareholders and senior government representatives.
Officials 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.
A media release signed by Boshra Islam, Biman’s general manager (public relations), said the airline has now maintained profitability for five consecutive years, posting net profits in nine of the last ten fiscal years.
During FY2024–25, Biman operated a fleet of 21 aircraft, transporting 3.383 million passengers across 30 domestic and international destinations, a 1% increase from the previous year.
Cargo operations showed particularly strong growth. The airline carried 43,918 metric tonnes of cargo, generating Tk 925 crore in revenue, a 45.21% rise year-on-year.
Biman also expanded its ground handling business, servicing 31,112 foreign airline flights and assisting more than 6.1 million passengers at airports across the country.
Officials highlighted that Biman remains a fully self-financed state-owned enterprise, noting that it has never received government subsidies in its 54-year history.
In January 2025, the airline recorded its highest-ever ticket sales, reflecting rising passenger confidence and growing market demand. Improvements in baggage handling, in-flight services and airport operations have contributed to higher customer satisfaction.
The airline has also maintained a strong aviation safety record, adhering strictly to international safety standards.
Aviation analysts have credited Biman’s improved performance to fleet modernisation, expansion of profitable international routes, and enhanced customer service, positioning the carrier for sustained growth in the coming years.
