Best Air was a domestic private airline of Bangladesh, a subsidiary of Best Aviation. The company was formed in 2007 as a joint venture between Best Aviation and a Kuwait-based company, Aqeeq Aviation Holding which controls a 70% share of the airline. It started operations in January 2008 from Dhaka's Shahjalal International Airport. Best Air suspended its operations in 2009, due to extraordinarily high fuel costs. Best Air has recently announced that they have received a large investment from Destiny Group LTD of Bangladesh and will restart operations on the 26 March 2011. They intend to re-enter the domestic market with 3 brand new ATR-72 aircraft. Plans call for the acquisition of 3 A320 aircraft later this year, followed by the A330 or B777 for long haul routes in the near future.
Best Air's parent company Best Aviation, started operations in 1999 as a Helicopter operator. Best Aviation started its journey as a freighter airline in 2000. Best Aviation has been operating different types of freighter in the Domestic & International Sectors.
Best Air obtained a license in 2006 from the Civil Aviation Authority of Bangladesh to operate passenger service in domestic and international sectors. Best Air started with a B-737 aircraft to operate from Dhaka to one regional domestic destination, Chittagong. Best Air acquired an MD-83 on lease and operated to new destinations such as Dubai, Kuala Lumpur, Singapore and Bangkok. In 2010 Best Aviation sold 80% of its shares in best air to Destiny Multipurpose Co-Operative Society Ltd.