Crisis-hit United Airways has extended its flight cancellation on all domestic and international routes till February 15 as its MD 83 and ATR 72 aircraft are yet to be overhauled and made flight-worthy.
Meanwhile, share price of United Airways fell to its lowest level on Dhaka stock exchange since December last year.
The private airlines again emailed its passengers yesterday about its extension of flight cancellation.
In its earlier email, the airways also cancelled all of its flights on domestic and international routes till February 7 in the wake of aircraft crisis.
The email reads: “It appears from the recent developments that the availability of MD-83 and ATR-72 aircraft for flight is uncertain. As such, in order to avoid passengers’ hassle the selling of tickets is being restricted up to 15 February, 2016.”
It adds that if there is any possibility of aircraft becoming serviceable earlier, reservation system will be reactivated accordingly.
At present, shares of the United Airways were traded below its offer value of Tk10 a share. Yesterday, share prices of the company fell 2.7% to close at Tk7 per share, which is its lowest value since December last year on Dhaka stock exchange.
United Airways, the country’s largest private airliner, suspended all of its flights since mid-January.
The last flight-worthy aircraft MD 83 was operated from Dhaka to Kuala Lumpur in mid-January and bound to return to Dhaka as one of its engines was shut in mid-air.
In September 2014, it had to suspend operations for three days due to financial crisis.
The private carrier having 11 aircraft in its fleet operates flights to eight domestic and seven international destinations.