Biman Bangladesh Airlines has reported a record net profit of Tk 785.21 crore for the fiscal year 2024-25, reflecting a remarkable 178 per cent increase compared to the previous year.
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, and in the presence of board members and shareholders.
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, according to a press release issued on Thursday.
Biman Bangladesh Airlines, the national flag carrier, recorded a revenue of Tk 11,559 crore in FY 2024-2025, marking a 9.46 percent increase from the previous year. The airline’s operational profit for the year stood at Tk 1,602 crore, further underlining its solid performance.
This marks the fifth consecutive year of profit for Biman, with the airline achieving net profits in 9 out of the last 10 fiscal years.
In the same fiscal year, Biman transported 3.38 million passengers across 30 domestic and international destinations, using a fleet of 21 aircraft. This represents a 1 percent increase in passenger numbers compared to the previous year.
Additionally, Biman earned Tk 925 crore from transporting 43,918 metric tons of cargo, which is a 45.21 percent increase from the previous year. The airline also provided ground handling services for 6,103,147 passengers on 31,112 flights of foreign airlines.
Biman has remained fully self-sustained, operating entirely on its own revenue for the past 54 years without receiving any government subsidies. January 2025 marked a milestone for the airline, as it achieved its highest-ever ticket sales, reflecting the increasing trust and loyalty of passengers.
The airline’s efforts to improve customer satisfaction, such as faster baggage delivery, enhanced in-flight services, and modernization of airport procedures, have contributed to its growing popularity.
The airline has also maintained an exemplary safety record while strictly adhering to international safety standards. Biman’s modernization of its fleet, expansion of profitable international routes, and superior customer service have earned praise from national media and aviation experts.
The new management under the interim government has been instrumental in driving Biman’s record profits through efficient economic control, effective resource allocation, and the strengthening of internal control systems.
Looking ahead, Biman plans to expand its routes to new popular destinations, invest further in digital transformation for passenger services and operations, and strengthen its cargo services.
With these plans, Biman aims to solidify its position as a leading airline in South Asia, offering world-class service while ensuring the safety and security of its passengers, and embodying the pride of the nation.
