Desk Report:
The international aviation firm, Highbury Group, has expressed interest in investing in the development and expansion of Bangladesh’s civil aviation sector. Specifically, the firm has shown interest in leasing aircraft to Biman Bangladesh Airlines and converting existing aircraft into dedicated freighters for cargo transport.
William Prothero, Managing Director of the Highbury Group, conveyed this interest during a courtesy call on the Minister of Civil Aviation and Tourism, M. Rashiduzzaman Millat, at his office in the Bangladesh Secretariat on Tuesday (November 10, 2026) at 12:00 PM. He was accompanied by a delegation.
During the meeting, the Managing Director of the Highbury Group highlighted the firm’s extensive international experience in aircraft procurement, financing, and leasing, as well as its long-standing success in asset management. They also discussed various investment opportunities within Bangladesh’s aviation sector.
Minister M. Rashiduzzaman Millat stated that the government is working to modernize Biman Bangladesh Airlines and establish it as a reputable entity on the international stage. Initiatives are underway to expand the airline’s fleet, with the goal of transforming the national flag carrier into a stronger and more profitable organization.
He noted that the government is considering leasing aircraft to meet interim requirements, given the lead times involved in the delivery of new aircraft. However, he emphasized that all critical technical and operational aspects—such as the aircraft’s flying hours and maintenance history—will be thoroughly evaluated.
Pointing to the growing demand for air cargo in the country, the Minister mentioned that the government plans to convert two aircraft from Biman Bangladesh Airlines’ current fleet into dedicated freighters—aircraft configured exclusively for cargo transport. He stated that the implementation of this plan would not only meet the country’s growing demand for cargo services but also enhance Bangladesh’s capacity to transport goods to international markets. Furthermore, this initiative would play a significant role in increasing the revenue of Biman Bangladesh Airlines. The government will give serious consideration to any specific and realistic investment proposals submitted by the Highbury Group.
During the meeting, both sides held positive discussions regarding various aspects of international investment in Bangladesh’s aviation sector, including aircraft leasing, financing, and the expansion of cargo transport capabilities.
