Biman to get two new Boeing aircraft this year
The government is set to purchase two Boeing aircraft this year with a $270 million hard loan from HSBC as part of the plan to turn Biman profitable.
The rate of interest on the loan would be Libor plus 2.16 percent, said Finance Minister AMA Muhith after approving the loan yesterday.
As per the current Libor rate, the total interest rate would be about 7.2 percent and payable in 12 years, he said, adding that six more Boeing planes would be procured.
In April 2008, Biman had signed a deal with US aircraft maker for procuring 8 vessels by 2019 for $1.26 billion (Tk 8,728 crore).
Subsequently in 2014 two Boeing planes were bought, which were added to the Biman fleet in November 2015.
The government took $356 million hard-term loans for buying the two wide-bodied aircraft.
