United Airways eyes Tk 20b in mkt share over next five years
Wednesday, 11 July 2007
FE Report
United Airways (BD) Limited, the country's second private sector airlines, eyes Tk 20 billion in market share over the next five years.
The Airways starts its commercial operation today (Wednesday) on Dhaka-Sylhet and Dhaka-Chittagong route.
The airlines started its debut flights with the newsmen from Dhaka-Sylhet and Dhaka-Chittagong Tuesday.
While talking with the newsmen, founder Chairman and Managing of the Airways Director Tasbirul Ahmed Choudhury expressed his optimism about the prospect of private sector airlines in the country.
"There is a large market of air services in the country, which is now 90 per cent dependent on the national flag carrier - the Biman Bangladesh Airlines," he said.
Considering the demand, the United Airways launched its operation aiming to provide better services at a reasonable cost, he added.
"We have obtained international licence and we have a plan to start international flight within a short time," he added.
The Airways will bring three more aircraft by this year and operate on more four routes--Dhaka-Jessore, Dhaka-Barisal, Dhaka-Cox's Bazar, Chittagong-Cox's Bazar.
The airlines has started its operation with the financial support from 600 non-resident Bangladeshis (NRB) in United Kingdom.
Initially, one 37-seat aircraft will operate three passenger flights every day on both Dhaka-Sylhet and Dhaka-Chittagong routes.
"The new generation aircraft has advanced computarised technology and modern radar system, and can fly for longer duration," said Manjurul Huq, flight captain of the Airways.
The passenger fare of the airlines is --Tk 3,945 for Dhaka-Chittagong and Tk 3,495 for Dhaka-Sylhet.
United Airways (BD) Limited, the country's second private sector airlines, eyes Tk 20 billion in market share over the next five years.
The Airways starts its commercial operation today (Wednesday) on Dhaka-Sylhet and Dhaka-Chittagong route.
The airlines started its debut flights with the newsmen from Dhaka-Sylhet and Dhaka-Chittagong Tuesday.
While talking with the newsmen, founder Chairman and Managing of the Airways Director Tasbirul Ahmed Choudhury expressed his optimism about the prospect of private sector airlines in the country.
"There is a large market of air services in the country, which is now 90 per cent dependent on the national flag carrier - the Biman Bangladesh Airlines," he said.
Considering the demand, the United Airways launched its operation aiming to provide better services at a reasonable cost, he added.
"We have obtained international licence and we have a plan to start international flight within a short time," he added.
The Airways will bring three more aircraft by this year and operate on more four routes--Dhaka-Jessore, Dhaka-Barisal, Dhaka-Cox's Bazar, Chittagong-Cox's Bazar.
The airlines has started its operation with the financial support from 600 non-resident Bangladeshis (NRB) in United Kingdom.
Initially, one 37-seat aircraft will operate three passenger flights every day on both Dhaka-Sylhet and Dhaka-Chittagong routes.
"The new generation aircraft has advanced computarised technology and modern radar system, and can fly for longer duration," said Manjurul Huq, flight captain of the Airways.
The passenger fare of the airlines is --Tk 3,945 for Dhaka-Chittagong and Tk 3,495 for Dhaka-Sylhet.