MEGA Maldives temporarily suspends operations
Privately-owned carrier MEGA Maldives Airlines has suspended commercial flights starting May 2, as part of restructuring and recapitalisation efforts. A date for recommencement of operations have yet to be announced, but the airline said despite suspension of flight operations, the company will continue to run management and administrative functions.
“We are well aware of our customer and tourism stakeholder expectations of us. The Board of Directors and the Executive team felt that it was necessary to focus on the restructuring and improving our product and service,” said George Weinmann, CEO of MEGA Maldives Airline.
“We will look forward to returning to flying very soon with a renewed fleet that can service established, under-served and emerging markets.”
Since 2016, MEGA Maldives Airlines has been involved in the complex process of restructuring the company with the aim of recapitalising, and upgrading to meet the level of product our customers and the Maldives require and deserve, it said in a statement.
This process would involve securing new investments, bringing changes to the ownership structure of the company, and a review of MEGA’s fleet strategy with a view to acquiring newer, and more suitable aircraft for the many markets we serve. It would also involve the complete retraining of MEGA’s flight crew and a renovation of its facilities, it added.
With the completion of the restructuring process, the airline aims to recommence flights with newer, more reliable aircraft.
MEGA Maldives Airlines was established in 2010 with the intention of expanding direct air connectivity between Maldives and emerging market destinations. Since its establishment, it has carried over 1.1 million passengers and have flown to over 50 destinations worldwide.