Biman Bangladesh Airlines expects there will be failures in the Bangladeshi market as carriers have been expanding too rapidly and are suffering badly as a result of high fuel prices.

Managing director and CEO M A Momen said in an interview at the IATA annual general meeting in Istanbul that “we have so many airlines coming up in Bangladesh” and it is too many for the market to handle.

“I am more than sure that there will be some untimely deaths of airlines,” he says, adding that this will not just be in Bangladesh but also in other parts of the South Asian region.

“Going international does not simply give you money.”

Bangladesh’s airline sector has seen major change in recent years, with privately-owned GMG Airlines expanding aggressively into the international market and others, such as Best Air and United Airways Bangladesh, planning the same. Best Air only launched domestic services early this year and

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