No casualties were reported in the fire, but it caused losses of several million taka, the traders say
The pilot of the plane, which experienced a technical glitch, is safe.
The plane's landing gear caught fire when just the aircraft was to land at the Jahurul Haque Base near the Shah Amanat International Airport.
The fire was put out immedieately, said the aiport's manager Wing Commander Nur E Alam told bdnews24.com.
A BAF official of the Jahurul Haque Base, seeking anonymity, told bdnews24.com that the aircraft experienced technical glitch while it was landing and the pilot had to evacuate by the ejector-switch.
"We are looking in to the matter," said the official adding that the pilot has been given first aid.