Report, images by : Gan Yung Chyan, KUCINTA SETIA
Image : Researcher's Picture
According to CH-Aviation, Regent Airways is out of business. The Bangladeshi government has confiscated the remaining US$130,379 in the bank accounts of defunct Regent Airways to partly cover US$3.1 million worth of the airline's unpaid domestic passenger travel taxes.
Bangladesh's finance minister, Mustafa Kamal, confirmed the confiscation in response to a question asked in the Bangladesh Parliament on 10 January 2023. The seized money represents only 4.2% of the total amount of domestic travel taxes owed by the airline.
The Bangladeshi government charges domestic airline passengers aged two years and above US$0.48 which is collected by airlines when the ticket is purchased. The funds raised support the activities of the Civil Aviation Authority of Bangladesh (CAAB).
Regent Airways suspended operations in March 2020 and despite plans to do so, has never resumed services. The airline was founded in 2010 and over the decade flew a variety of DHC-6-400, DHC-8-300, B737-700 and B737-800 aircraft. Now, its two DHC-8-300 aircraft registered S2-AHA and S2-AHB remain in storage at the Dhaka international airport.
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