Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Biman To Lease A 747 For One Year  
User currently offlineBiman From Bangladesh, joined Sep 2006, 136 posts, RR: 0
Posted (6 years 2 months 3 weeks 2 days 7 hours ago) and read 8164 times:

The directors have decreed it ...now it will go through the paper signing circus of Bangladesh ... Biman might then lease a 747 for a year. No further news of their buying 777s or 787s ...

Due to lack of functioning aircraft, they've reduced flights to Kuwait, Jeddah, Riyadh, Rome and London - which represent 5 of the profit making destinations. Flights to 7 international destinations have been cut: New York, Yangon, Mumbai, Frankfurt, Orly (Paris), Brussels and Manchester.

Really wonder if this airline will survive - there seems to be no one in their management who has a clue about how to run an airline.

http://www.thedailystar.net/story.php?nid=21129

[Edited 2008-01-28 14:16:44]

18 replies: All unread, jump to last
 
User currently offlineRJ111 From , joined Dec 1969, posts, RR:
Reply 1, posted (6 years 2 months 3 weeks 2 days 7 hours ago) and read 8157 times:

Any idea of the series? -200/-400 ect?

User currently offlineDID747 From France, joined Apr 2005, 400 posts, RR: 1
Reply 2, posted (6 years 2 months 3 weeks 2 days 7 hours ago) and read 8118 times:

Cant wait to see a 747 wearing Biman colors but i'm not sure it will become a reality!


Waimanalo
User currently offlineVasu From United Kingdom, joined Apr 2005, 3831 posts, RR: 0
Reply 3, posted (6 years 2 months 3 weeks 2 days 7 hours ago) and read 8118 times:

Sorry if this is a really simple/silly question...

but why exactly does this airline never seem to have much money?


User currently offlineG-CIVP From United Kingdom, joined Mar 2001, 1287 posts, RR: 10
Reply 4, posted (6 years 2 months 3 weeks 2 days 6 hours ago) and read 8069 times:

Vasu - I think the answer to your question comes from 'Biman' - the management don't seem to have a clue. From what I can tell, Biman have been sweating the assets for years. I've got photos of Biman DC-10 at LHR in 1990 before the digi boys came along! The 10's must be past it and the A310's not far behind.

The other answer is economic scarity; no doubt running an airline from this part of the world is difficult given the prevailing economic conditions and probably passenger demand is patchy and profitability up and down. Note, this is only a guessimate so don't hold me to it!


User currently offlineDebonair From Germany, joined Jan 2004, 2358 posts, RR: 4
Reply 5, posted (6 years 2 months 3 weeks 2 days 6 hours ago) and read 7994 times:



Quoting Biman (Thread starter):
Biman might then lease a 747 for a year.

Well GMG is already operating 1 B747-300 to various destinations... time for BIMAN to follow!


User currently offlineOly720man From United Kingdom, joined May 2004, 6604 posts, RR: 11
Reply 6, posted (6 years 2 months 3 weeks 2 days 5 hours ago) and read 7910 times:



Quoting G-CIVP (Reply 4):
prevailing economic conditions

i.e. corruption.

http://www.bangladeshnews.com.bd/200...hing-impossible-in-biman-purchase/
http://www.pprune.org/forums/archive/index.php/t-155504.html



wheat and dairy can screw up your brain
User currently offlineDID747 From France, joined Apr 2005, 400 posts, RR: 1
Reply 7, posted (6 years 2 months 3 weeks 1 day 21 hours ago) and read 7629 times:

The aircraft in question will come from Air Atlanta. A B-747-300. No more info at this time.


Waimanalo
User currently offlineBiman From Bangladesh, joined Sep 2006, 136 posts, RR: 0
Reply 8, posted (6 years 2 months 3 weeks 1 day 17 hours ago) and read 7457 times:



Quoting DID747 (Reply 7):
The aircraft in question will come from Air Atlanta. A B-747-300. No more info at this time.

Just curious ... but how do you know this?


User currently offlineKaitak From Ireland, joined Aug 1999, 12323 posts, RR: 35
Reply 9, posted (6 years 2 months 3 weeks 1 day 12 hours ago) and read 7216 times:



Quoting Biman (Thread starter):
No further news of their buying 777s or 787s ...

It was reported on another site that Airbus is supposed to be putting in a conflicting bid to BG. I guess it would come down to the financing package available, because that seems to be the major obstacle.


User currently offlineCloud4000 From United States of America, joined Dec 2003, 640 posts, RR: 0
Reply 10, posted (6 years 2 months 3 weeks 1 day 8 hours ago) and read 7042 times:

Hold it! I thought GMG got their aircraft from Air Atlanta. BG is getting one from the same source?


Boston, USA
User currently offlineBiman From Bangladesh, joined Sep 2006, 136 posts, RR: 0
Reply 11, posted (6 years 2 months 3 weeks 1 day 6 hours ago) and read 6926 times:

Quoting Kaitak (Reply 9):
It was reported on another site that Airbus is supposed to be putting in a conflicting bid to BG. I guess it would come down to the financing package available, because that seems to be the major obstacle.

I thought Biman were supposed to have something close to an agreement by the end of this month. All this delay speaks volume about the lack of competence in financing and decision making capacity of Biman's management ... and frankly makes one wonder if under-hand deals are going on. Although a good number of corrupt politicians are behind bars on charges of graft, I hear that there is a new breed growing from within the ruling "military" ...

In the mean time, passengers at the second major airport in Bangladesh - Chittagong - have been stranded for up to 37 hours for one flight and 21 hours for another ... because Biman doesn't have the planes to provide the service these people paid for.

I bet the idiotic Bangladeshi bureaucrats are sitting in their offices and twidling their thumbs ...

[Edited 2008-01-29 15:25:19]

User currently offlineCloud4000 From United States of America, joined Dec 2003, 640 posts, RR: 0
Reply 12, posted (6 years 2 months 3 weeks 13 hours ago) and read 6711 times:



Quoting Biman (Reply 11):
I thought Biman were supposed to have something close to an agreement by the end of this month. All this delay speaks volume about the lack of competence in financing and decision making capacity of Biman's management ... and frankly makes one wonder if under-hand deals are going on. Although a good number of corrupt politicians are behind bars on charges of graft, I hear that there is a new breed growing from within the ruling "military" ...

In the mean time, passengers at the second major airport in Bangladesh - Chittagong - have been stranded for up to 37 hours for one flight and 21 hours for another ... because Biman doesn't have the planes to provide the service these people paid for.

I bet the idiotic Bangladeshi bureaucrats are sitting in their offices and twidling their thumbs ...

BG is in such dire financial straits that it has to rely on the government for financing because BG is technically insolvent; they're in arrears with everybody: employees; vendors; etc. No private entity in their right mind will loan them money, unless it is backed by the government.

And the government has no intention of giving money to BG either. So BG is stuck. What the government needs to do, in my opinion, is liquidate BG and get out of the airline business all together. There are plenty of private operators who can quickly pick up the slack. In the interim, Bangladesh should be declared an open to all comers and goers. This should relieve the backlog of stranded passengers. I can see service expanding in Dhaka, Chittagong, and Sylhet.

It would also be nice if Bangladesh developed some international air service in the Northwest and Southwest part (Barisal & Khulna) of the country as well. I believe a lot of their growth will be regional.



Boston, USA
User currently offlineB742 From United Kingdom, joined Mar 2005, 3762 posts, RR: 19
Reply 13, posted (6 years 2 months 3 weeks 12 hours ago) and read 6659 times:

Biman will lease TF-AMK from Air Atlanta Iceland for a period of 12 months. It is an ex. Singapore Airlines machine and has previously operated for XL Airways, WTC, Ansett Australia and was previously operated as F-GSEX of Corsair.

The aircraft is equiped with JT9D-7R4G2 engines and first flew in 1983.

Rob!  wave 


User currently offlineCloud4000 From United States of America, joined Dec 2003, 640 posts, RR: 0
Reply 14, posted (6 years 2 months 3 weeks 10 hours ago) and read 6546 times:



Quoting B742 (Reply 13):
Biman will lease TF-AMK from Air Atlanta Iceland for a period of 12 months. It is an ex. Singapore Airlines machine and has previously operated for XL Airways, WTC, Ansett Australia and was previously operated as F-GSEX of Corsair.

The aircraft is equiped with JT9D-7R4G2 engines and first flew in 1983.

This is classic Biman. BG has a lot of experience leasing over-the-hill aircraft. Sure, they probably got a good lease rate, but the fuel and maintenance costs are going to kill them. Bravo, BG! Bravo!  banghead 



Boston, USA
User currently offlineGayrugbyMAN From United Kingdom, joined Jul 2005, 1737 posts, RR: 1
Reply 15, posted (6 years 2 months 3 weeks 10 hours ago) and read 6535 times:

So is MAN coming back at all?

User currently offlinePlanemannyc From United States of America, joined Aug 2003, 1004 posts, RR: 8
Reply 16, posted (6 years 2 months 2 weeks 6 days 17 hours ago) and read 6357 times:
Support Airliners.net - become a First Class Member!

Quoting B742 (Reply 13):
Biman will lease TF-AMK from Air Atlanta Iceland for a period of 12 months. It is an ex. Singapore Airlines machine and has previously operated for XL Airways, WTC, Ansett Australia and was previously operated as F-GSEX of Corsair.

The aircraft is equipped with JT9D-7R4G2 engines and first flew in 1983.

Not according to Cabot Aviation, an aircraft leasing / remarketing agency in the uK.

http://www.cabotaviation.com/pressrel.htm

BG did lease TF-AMK for hajj flights in late 2007 through early this year, but I believe that aircraft is now going to GMG.

The press release says that on April 1, 2008 GMG is also taking TF-AMJ - also previously operated by Corsair -- and also originally delivered to SQ.

Best,

Wasim / Planemannyc

[Edited 2008-01-31 04:10:33]

User currently offlineCchan From New Zealand, joined May 2003, 1754 posts, RR: 2
Reply 17, posted (6 years 2 months 2 weeks 6 days 15 hours ago) and read 6255 times:

Which Biman aircrafts are currently operational?

User currently offline777way From Pakistan, joined Dec 2005, 5716 posts, RR: 4
Reply 18, posted (6 years 2 months 2 weeks 6 days 13 hours ago) and read 6175 times:

Not the first time BG are operating 743 on lease, one was part of their fleet some months back on lease from Air Atlanta.

Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Mexico's Aeromar To Lease 2 RJs For GUA Flights? posted Mon Nov 20 2006 23:38:18 by Juventus
Avianca To Lease B757 For The Xmas Season. posted Mon Dec 12 2005 21:20:05 by Wimpycol
AI To Lease 747-400 Combis? posted Thu Sep 23 2004 21:37:38 by Cloud4000
Emirates To Lease A 747-200F? posted Sun Nov 24 2002 02:11:41 by CX747
US Airways Agrees To One-Year Extension For PIT posted Thu Oct 9 2003 21:29:53 by N670UW
A330-200 For SAA (one Year Lease) posted Thu Nov 7 2002 23:48:23 by SA-JET
TG To Opt For Either A380 Or 747-400 This Year posted Tue Jan 29 2002 17:15:37 by Singapore_Air
Biman To Opt For Boeing posted Thu Dec 13 2007 11:09:00 by Biman
Aloha To Lease 737-800 For 5 Months posted Sat Sep 15 2007 09:19:27 by Aloha73G
TK Flight Crews To Strike For One Day? posted Wed Aug 16 2006 19:26:39 by TK787
US Airways Agrees To One-Year Extension For PIT posted Thu Oct 9 2003 21:29:53 by N670UW
A330-200 For SAA (one Year Lease) posted Thu Nov 7 2002 23:48:23 by SA-JET
TG To Opt For Either A380 Or 747-400 This Year posted Tue Jan 29 2002 17:15:37 by Singapore_Air
Biman To Opt For Boeing posted Thu Dec 13 2007 11:09:00 by Biman
Aloha To Lease 737-800 For 5 Months posted Sat Sep 15 2007 09:19:27 by Aloha73G