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Biman-Boeing final deal deferred | Biman-Boeing final deal deferred |
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| Wednesday, 16 April 2008 | |
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The final deal between Biman Bangladesh Airlines and US aircraft manufacturer Boeing to procure eight aircraft for the national flag carrier at a cost of $ 1.265 billion was deferred for one week, reports UNB. "We sought one week time from Boeing to sign the final deal that was scheduled to be initialed on April 15," said a high official of Biman. Biman earlier signed a MoU with Boeing representatives here on March 15. Of the eight Boeings, the first consignment of four aircraft will be arriving here in 2013 while the second consignment in 2017. The first Boeing 777-300ER aircraft will cost US$ 182.17 million while the other three US$ 182.51 million, US$ 183.20 million and US$ 184.01 million. The initial selling price of this kind of aircraft is US$ 272 million each. The first Boeing 787 aircraft will cost US$ 132.83 million, while the other three will cost US$ 133.08 million, US$ 133.53 million and US$ 133.81 million. The initial selling price of these planes is US$ 167 million. Responding a query, the Biman official said that there is no chance to cancel the final deal with Boeing. "We''re having a good negotiation with them," he said. US-based Exim Bank will provide 85 percent of the total cost at six percent interest rate for a 12-year term while the remaining 15 percent will be collected from local banks. |
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