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Island Aviation’s debt to MACL reaches MVR 1.12 billion

Maldives Airports Company Limited (MACL) informed parliament’s state-owned enterprises sub-committee on Tuesday that Island Aviation Services (IAS) has an outstanding debt of MVR 1.12 billion. MACL officials were summoned to discuss strategies to improve the company’s financial position and address loans. MACL Managing Director Ibrahim Shareef Mohamed stated that providing credit to government-owned companies poses […]

Maldivian wings stretch further: Government facilitates wide-body aircraft purchase for international expansion

Maldivian skies are set to see a significant expansion, as the government announced a major initiative to bolster the national airline, Maldivian. In a bid to diversify tourist source markets and enhance tourism growth, the cabinet has prioritized bringing in two wide-body aircraft for Maldivian, paving the way for increased international flight options. This aviation […]

Maldivian, the national flag carrier starts making profits after 3 years

Island Aviation Services (IAS), the operator of the Maldivian national flag carrier airline, is celebrating a significant turnaround in its financial performance this year. After three years of losses, the company has bounced back into profitability, posting a net profit of MVR 10.74 million in the first quarter of 2023. The encouraging news was revealed […]

Maldivian, ATR sign deal for 2 aircraft to enhance regional connectivity

Maldivian has inked a firm order for two ATR 42-600 aircraft in a bid to enhance its regional fleet. These modern and highly efficient aircraft, equipped with extra-efficient PW127XT engines and featuring spacious cabins, will replace older turboprop models. The move aims to bolster connectivity to communities and businesses in the Maldives archipelago while contributing […]

Emirates, Maldivian establish interline partnership

Emirates and Maldivian on Thursday announced an interline partnership, enabling Emirates customers to access 16 popular holiday destinations in the Maldives beyond Male. The agreement successfully follows on from last year’s signing of a Memorandum of Understanding (MoU) between the two airlines, to explore opportunities for mutual cooperation. The interline agreement will create more options […]

Maldives to launch new international airline; eyes long-haul destination

Maldives is set to launch a brand new international airline in an ambitious move to boost tourism and connectivity. Maldives Fund Management Corporation (MFMC) and Island Aviation Services Limited (IASL), which already operates the national carrier Maldivian, signed a Memorandum of Understanding (MoU) at a ceremony held at the economic ministry on Thursday to establish […]

Maldivian increases flights to Madivaru, Maafaru airports

In response to growing demand, national carrier Maldivian has announced its decision to increase the number of flights to Lh. Madivaru and N. Maafaru airports. Effective from July 20, the airline will operate an additional daily flight to both destinations, aiming to enhance connectivity and cater to the rising passenger requirements. Currently, Maldivian operates a […]

Maldivian seeks financing for lease of 2 ATR Aircraft

National carrier Maldivian, operated by Island Aviation, has announced its intention to finance the lease of two additional ATR aircraft. The airline issued a tender on Monday, inviting proposals for the finance lease of two ATR 42-600 aircraft, as stated in the accompanying Request for Proposal (RFP). The lease order for these aircraft is currently […]

Maldivian announces an increase in tourists travelling with the airline

The national airline carrier, Maldivian, has announced that almost 60% of passengers travelling on the airline are now tourists.

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