On 9 March 2016, the Antonov An-26 crashed into the Bay of Bengal shortly after take-off from Cox's Bazar Airport.

The aircraft was on final approach when it requested clearance for an emergency landing, but for unknown reasons at the time of the final report, the aircraft initiated a go-around at a low altitude.

[5][3][6] A rescue operation involving the Bangladeshi Navy, Coast Guard, and fire service was immediately initiated by airport authorities, and the crew were found to have been located by local fisherman.

Three crew members were declared dead at the scene; the causes of death for all 3 were later determined to be head trauma upon impact.

The fourth crew member was rushed to the district hospital in Cox's Bazar and was later moved to Dhaka for treatment of his injuries.

Ukrainian members of the accident investigation team visited the crash site between 21 and 26 March 2016.

[4] On 11 April, both recorders were sent to the headquarters of the National Bureau of Air Accidents Investigation of Ukraine in Kyiv to be inspected.

[4] The investigation found that the reason for engine failure was a drop in oil pressure in the torque meter system.