Dhaka, Feb. 4 -- Labelling Biman Bangladesh Airlines an "inefficient" organisation, Planning Advisor Wahiduddin Mahmud has indicated that proposals to bring in foreign management or entities to manage the state-owned airline to turn it commercially profitable are now under consideration.

At a press conference on Monday, held at the National Economic Council, or NEC, conference room in Dhaka's Sher-e-Bangla Nagar, the government's taskforce on economic strategy reform suggested splitting Biman into two divisions-one of which would be managed by a foreign company.

Wahiduddin emphasised the urgency of the matter and said: "If we need to act quickly and demonstrate results, we must address Biman, which is consistently loss-making. This situ...