BSS-29 Biman earns Tk151cr profit in FY17

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ZCZC

BSS-29

BIMAN-PROFIT

Biman earns Tk151cr profit in FY17

DHAKA, Dec 20, 2017 (BSS)- Biman Bangladesh Airlines, the national flag
carrier, made profits in the third consecutive fiscal as it registered a
gross profit of Taka 151 crore in fiscal 2016-17 (FY17).

After clearing default tax, the net profit stood at Taka 47 crore, said a
Biman press release today.

According to Biman, the state-run carrier earned a profit of Taka 276
crore in fiscal 2015-16 (FY16) and Taka 324 crore in fiscal 2014-15 (FY15).

The Board of Directors of Biman Bangladesh Airlines approved the Biman’s
financial statement for FY17 in its 10th Annual General Meeting with its
chairman Air Marshal Muhammad Enamul Bari (retd.) in the chair.

Besides, earning profits for FY17, Biman contributed Taka 381 crore tax
to the national exchequer.

During the FY16, Biman ferried a total of 23 lakh 51 thousand passengers
which was 23 lakh 18 thousand in FY16.

Besides, Biman shipped 33, 542 tonnes of cargo in FY17 whereas it carried
40,931 tonnes of cargo in FY16. Shipment of cargo witnessed an 18 percent
fall in FY17 due mainly to the temporary ban on direct freight to London.

Biman is now running its operation with 10 wide-body and 2 narrow-body
updated and advanced aircraft to 15 international and 7 domestic
destinations.

Four modern Boeing 787-8 dream-lines are expected to join the Biman’s
fleet in 2018 and 2019.

BSS/PR/TAN/BZC/1805hrs