PM hints at buying two more Boeing aircrafts

[Bengal71]

Bloody waste of money, Biman should be sold off. Full of corrupt leeches.

 

[bd_4_ever]

Bloody waste of money, Biman should be sold off. Full of corrupt leeches.

I party agree. Gotta remove those leeches and re-structure the system. Other than that, Biman does have the potential to become a strong player due to 2 reasons: strong local demand + cheap compared to other airlines.

 

[Bengal71]

I party agree. Gotta remove those leeches and re-structure the system. Other than that, Biman does have the potential to become a strong player due to 2 reasons: strong local demand + cheap compared to other airlines.

Yes but that should be private. There is no need for a government to own commercial banks, railways, power, factories and industries. All these should be sold off. It will hugely reduce the corruption.

 

[TopCat]

However, an experienced operator cuts cost, slim down unprofitable routes and does many other things to make the venture profitable. In the case of BD, there are already a few private operators who are gaining experience every day. One or two of these or a foreign east asian airlines can be asked to buy the BIMAN shares that can give them management power.

Lanka air tried with Emirates but failed.
National carrier has it's own priority not like private air. For instance Biman has to carry one way Hajj flights no matter what. Same is true for other routes which have more diplomatic values than commercial values.

Yes but that should be private. There is no need for a government to own commercial banks, railways, power, factories and industries. All these should be sold off. It will hugely reduce the corruption.

There will not be any more startup or new entrepreneur without govt commercial banks. Almost 90 percent agro based loans are disbursed by govt banks. New projects with heavy investments and high risks also financed by govt bank. You need to know the ground reality before talking bull$hit.
Govt should only disinvest from all manufacturing industry like jutes, textiles, sugar etc.

 

[bluesky]

National carrier has it's own priority not like private air. For instance Biman has to carry one way Hajj flights no matter what. Same is true for other routes which have more diplomatic values than commercial values.

There was a time when BIMAN used to have a flight to Tokyo but it was only one flight a week. Now, after losing millions of dollars in business without making a profit, it has closed the route finally many years ago already. Do you think BIMAN presence is needed in Tokyo only to show its face? The embassy has a diplomatic function, not BIMAN. It is just another commercial enterprise run by the govt but losing money left and right, and the people's tax money is spent to cover the loss.

What is your opinion about keeping that once a week Tokyo flight for many years in the past? Should BIMAN re-start this flight?

 

[TopCat]

There was a time when BIMAN used to have a flight to Tokyo but it was only one flight a week. Now, after losing millions of dollars in business without making a profit, it has closed the route finally many years ago already. Do you think BIMAN presence is needed in Tokyo only to show its face? The embassy has a diplomatic function, not BIMAN. It is just another commercial enterprise run by the govt but losing money left and right, and the people's tax money is spent to cover the loss.

What is your opinion about keeping that once a week Tokyo flight for many years in the past? Should BIMAN re-start this flight?

Tokyo and NY flights were operated due to huge pressure from expatriate Bangladeshis living there. They were paid off by the remittance

 

[bluesky]

Tokyo and NY flights were operated due to huge pressure from expatriate Bangladeshis living there. They were paid off by the remittance

Bold part: What? Paid by remittance? Are you talking that the expatriates do not remit now because BIMAN has stopped flights? Say something logical. I asked about the wisdom of continuing with one flight a week and you are talking about remittance.

Let me ask you the question in a different way. Suppose, you come to rent a shop from me and I set a condition that you are not allowed to open the shop more than one day a week. So, how do you think your business flourishing in that case?

 

[TopCat]

Bold part: What? Paid by remittance? Are you talking that the expatriates do not remit now because BIMAN has stopped flights? Say something logical. I asked about the wisdom of continuing with one flight a week and you are talking about remittance.

Let me ask you the question in a different way. Suppose, you come to rent a shop from me and I set a condition that you are not allowed to open the shop more than one day a week. So, how do you think your business flourishing in that case?

I got your point.. But I don't know why those expatriate always cry for national carrier. May be they like the বিরিয়ানি that বিমান serves. I once found an Indian passenger from New York who admitted that he along with his entire family always prefered বিমান for their বিরিয়ানি. So he does not mind a stop over in ঢাকা from where he catches another flight to Delhi.

 

[bluesky]

I got your point.. But I don't know why those expatriate always cry for national carrier. May be they like the বিরিয়ানি that বিমান serves. I once found an Indian passenger from New York who admitted that he along with his entire family always prefered বিমান for their বিরিয়ানি. So he does not mind a stop over in ঢাকা from where he catches another flight to Delhi.

Maybe Biriyani is a factor. But, BD people in Tokyo loved BIMAN because they felt secure in their own planes. Especially, it was without a language barrier, they do not have to change plane in, say, Hongkong, Kualulumpur, or Singapore like when they fly other airlines.

But, one flight a week was the reason that BIMAN could not get enough revenue from the Tokyo route. Note some of the reasons.

1) The group of crew members of this week's flight would stay for 7 days in a hotel before taking the next flight back to Dhaka. Calculate the additional cost.
2) By BIMAN rule, these members would charge overseas allowance for their stay out of the Dhaka station. The cost rises.
3) The Japanese or other foreign passengers usually go to Singapore or Bangkok to spend a few days for business or recreation. It is certainly not for 7 days, no busy group of people is ready to come back after one week. So, they would avoid BIMAN which has one flight in a week.

These are a few reasons that BIMAN was a losing concern and it had to stop the Tokyo route. Had there been at least two flights a week it could have been different. The cost overhead would have come down and revenue increased. So, I wonder what kind of people are in the top management that they cannot make simple cost calculations.

It was Sarkar ka Mal, Dariya pe Dal. A private operator will certainly not do such a stupid thing like paying for hotel accommodation, food and then allowance for taking a long week of vacation that continued for years.

Tokyo flight was economically very very inefficient. I do not, however, know about the Newyork flight.

 

[Bengal71]

Lanka air tried with Emirates but failed.
National carrier has it's own priority not like private air. For instance Biman has to carry one way Hajj flights no matter what. Same is true for other routes which have more diplomatic values than commercial values.


There will not be any more startup or new entrepreneur without govt commercial banks. Almost 90 percent agro based loans are disbursed by govt banks. New projects with heavy investments and high risks also financed by govt bank. You need to know the ground reality before talking bull$hit.
Govt should only disinvest from all manufacturing industry like jutes, textiles, sugar etc.

World over private banks finance new investments. If it doesn't work in BD then the financial sector must be fixed. Keeping the status quo is not the solution. BTW don't run your mouth for no reason.