
GMG Airlines
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- IATA Code
- Z5
- ICAO Code
- GMG
- Corporate Address
- ABC House (10th Floor)
8, Kemal Ataturk Avenue
Banani C/A, Dhaka-1213. Bangladesh - Website
- http://www.gmgairlines.com
- Main hub
- Dhaka Hazrat Shahjalal International
- Country
- Bangladesh
- Business model
- Full Service Carrier
Established in 1997, GMG Airlines is a wholly-owned subsidiary of the GMG Group and is based at Shahjalal International Airport in Dhaka with a secondary hub at Shah Amanat International Airport in Chittagong. The carrier operates a network of domestic, regional and international services within Bangladesh, South East Asia, the Indian Subcontinent and the Middle East.
Location of GMG Airlines main hub (Dhaka Hazrat Shahjalal International)
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- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
31 total articles
Bangladesh and Burma to discuss resumption of air service between Dhaka and Yangon
GMG Airlines IPO likely to be delayed
GMG adds third B767 to fleet
GMG Airlines confirms appointment of airline strategy and turnaround expert as new CEO
GMG adds third B767-300 to fleet
GMG Airlines appoints new CEO
AWAS delivers B767-300ER aircraft to new customer GMG Airlines
Bangladesh appoints 11 carriers to operate Hajj services from Dhaka
Bengal Aerotropolis appoints new VP airport operations
GMG Airlines signs service agreement with Pratt & Whitney
GMG resumes services to New Delhi
GMG Airlines consolidates service to UAE
GMG increases Chittagong-Kolkata capacity
GMG Airlines to increase Dhaka-Dubai frequency
GMG Airlines signs long-term engine management agreement
6,134 total articles
Challenges for growth in Bangladeshi aviation industry
The growth of international traffic and tourism to/from Bangladesh is facing continued challenges in 2011. National flag carrier Biman Bangladesh Airlines is reportedly on the verge of bankruptcy, weighed down by a considerable debt burden. Bangladesh is also struggling to upgrade its infrastructure and tourism facilities to attract international visitors, with inbound tourism remaining flat in 2010.
Airline IPO activity increases as market conditions improve but oil threatens
There are more than 30 airlines around the world publicly talking of conducting an IPO to help diversify funding sources, coinciding with improved demand and economic conditions. Aircraft deliveries are also accelerating, with more than 1400 aircraft scheduled for delivery this year alone, prompting the need for additional financing. However, concerns over rising fuel costs in recent weeks have had affected oil prices and, hence, the attractiveness of airlines.
More than 30 airlines consider IPOs as market improves
There are more than 30 airlines around the world that have publicly talked about tapping equity markets to help diversify funding sources, coinciding with an improved economic environment. Aircraft deliveries are also accelerating, with more than 1,300 aircraft scheduled for delivery this year alone, prompting the need for additional financing.
Full steam ahead for Saudi Arabian airport developments
Saudi Arabian Government plans to heavily invest in constructing new airports in the kingdom, while also expanding existing airports over the next decade. General Authority of Civil Aviation (GACA) stated it plans to invest USD10 billion-20 billion developing and upgrading airports by 2020, with private companies to contribute as much as USD10 billion to the projects.
Competition ramps up in Bangladesh, as Kingfisher flies in
Bangladesh operates an essentially protective aviation policy. A less than enthusiastic short-term open skies trial in late 2007 did little to stimulate traffic and growth has subsequently been subdued. This has not prevented a range of foreign airlines being willing to enter the Bangladesh market, which is very attractive, given the large Bangladeshi diaspora of workers and wealthy professionals and its huge and concentrated local population - despite the country's chronic poverty.
Bangladesh Carriers - GMG expands fleet to take advantage of lower fuel costs
In 3Q08, GMG Airlines took delivery of additional MD83 aircraft, which will be used to open up new routes to Singapore and Karachi shortly. The aircraft (number undisclosed) are on a wet lease agreement with GECAS. The airline also announced plans to begin operating Dhaka-Bangkok and Dhaka-Hong Kong services from mid Jan-09.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.




