Prothero highlighted the company’s global experience in aircraft acquisition, financing, leasing and asset management, as well as its interest in supporting Bangladesh’s aviation sector.
Civil Aviation and Tourism Minister M Rashiduzzaman Millat meets Highbury Group Managing Director William Prothero in Dhaka to discuss aircraft leasing and investment opportunities in Bangladesh’s aviation sector. Photo: TBS
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Civil Aviation and Tourism Minister M Rashiduzzaman Millat meets Highbury Group Managing Director William Prothero in Dhaka to discuss aircraft leasing and investment opportunities in Bangladesh’s aviation sector. Photo: TBS
The government is considering leasing aircraft to meet the immediate fleet requirements of Biman Bangladesh Airlines, while Highbury Group has expressed interest in investing in aircraft leasing and financing in Bangladesh.
Highbury Group Managing Director William Prothero expressed the interest during a meeting with Civil Aviation and Tourism Minister M Rashiduzzaman Millat at the ministry in Dhaka today (10 November), according to a press release.
Prothero highlighted the company’s global experience in aircraft acquisition, financing, leasing and asset management, as well as its interest in supporting Bangladesh’s aviation sector.
The minister said the government was working to modernise Biman and would evaluate leasing proposals based on technical and operational considerations, including aircraft flying hours and maintenance history.
The government also plans to convert two aircraft from Biman’s existing fleet into dedicated freighters to meet growing demand for air cargo, expand international cargo capacity and boost revenue.
Millat assured the delegation that the government would consider any specific and commercially viable investment proposals from Highbury Group.
The meeting also discussed international investment in Bangladesh’s aviation sector, aircraft leasing and financing, and ways to expand air cargo capacity.
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