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Biman To Expand Fleet and Network En Route Back to Profits

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AIN AIR TRANSPORT PERSPECTIVE  »  OCTOBER 7, 2013 by    NEELAM MATHEWS The Bangladeshi government has tasked Biman Bangladesh Airlines CEO Kevin Steele with returning the carrier to profitability and preparing it for an initial public offering in 2014 or 2015. October 7, 2013, 3:05 PM Biman Bangladesh Airlines, which has operated at a loss since 2008, expects to break even in the current 2013/14 financial year and to return to profitability the following year after cutting its losses from $75 million in 2010/11 to $25 million in 2011/12. At a press briefing in New Delhi last week, the Asian carrier’s  CEO , Kevin Steele, announced plans to rationalize and double the size of its fleet from eight to 16 aircraft to allow it to expand its route network with new services such as Dhaka-New York starting next April. The Bangladeshi flag carrier has issued a request for proposal to wet-lease a pair of Boeing 777s to add to the...

Exclusive! Jet to opt for code share from Chennai?

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Neelam Mathews Sept 28, 2012 Starting Nov 15, Jet Airways will be pulling out its direct Chennai-Brussels flight, Aerospace Diary learns. This could not be confirmed with the carrier. Nov 14, will be its last direct flight, we learn. Pix-Daily Digest It is likely, that a codeshare with Lufthansa will now operate on the sector. The Chennai-Brussels-JFK was pulled out earlier following major competition from United and Brussels Airlines, we hear. With seats on the Chennai- Brussels sector already sold out, Jet's website is offering the sector via Mumbai with a 777. Delhi-Toronto, via Brussels uses an A330. An observer tells us: "It looks as though Jet is shifting all its operations via Mumbai." This could not be confirmed either.