UBD, a public limited company by shares, is founded by an expatriate airline pilot, Capt. Tasbirul Ahmed Choudhury along with a group of professionals, business people, entrepreneurs united together in a shared vision to develop a world class airline in Bangladesh.
The company formed in early 2005 is issued with Air Transport Operating License from Civil Aviation Authority of Bangladesh to Operate Passenger and Cargo service in the international and domestic sectors. The Airline has been Operating Schedule Passengers' Flights in the Domestic Routes of Bangladesh since 10th July 2007.
UBD aim to develop the airline in a way which every Bangladeshi can feel proud of being associated with. Investors is not only a part of this profitable venture but is also a part of investing for the economic growth of Bangladesh itself. The development of this new airline will help move Bangladesh further into 21st century.
The allocation of more slots for the private airlines was due to a change in the government policy, as it seeks to inject competition in the aviation industry. The government is now very liberal. Government encouraging the private sector to have its share of the growing market and local airline must be ready to face competition and should improve their service quality.
Bangladesh’s air traffic grew 7.3 per cent on 2008, making it one of the fastest – growing aviation markets in the region, but decades of poor performance by the other airlines has enabled foreign carriers to snatch almost 80 per cent of the market. Government decision proves that it wants a level playing field in the aviation industry. UK and Gulf is the most important market for Bangladeshi airlines as one in two people who fly abroad goes to the six Gulf countries and UK, which employ more than 70 percent of the county’s over five million migrant workers.
UBD comprises a team of dynamic talented Bangladeshis who are fully committed to make this vision successful. Involvement in this airline is an opportunity to be a part of a unique venture that will have a significant impact on national economy.UBD is truly 'your airline‘…. hence “fly your own airline”.