Abu Dhabi Fund gives $40 million loan for Maldives main airport
Abu Dhabi Fund for Development on Wednesday announced an additional loan of Dh147 million ($40 million) to support the completion of the Velana International Airport (VIA) project in the Maldives. This follows an earlier loan of Dh183.5 million ($50 million) provided in 2017 for the project’s initial phases, highlighting the airport’s vital role in driving […]
Manta Air, Crown & Champa Resorts partner for luxurious guest transfers
Manta Air has announced an exclusive domestic transfer partnership with Crown & Champa Resorts, a premier luxury hospitality brand in the Maldives. This strategic collaboration aims to provide seamless and luxurious transfer services for guests of Crown & Champa Resorts. Starting from 17th December 2024, Manta Air will operate scheduled flights to Madivaru Airport using […]
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 […]
MACL plans seaplane operations at Hanimaadhoo Airport
Maldives Airports Company Limited (MACL) is planning to construct a seaplane terminal at HDh. Hanimaadhoo Airport, set to reopen next year. The announcement was made during a session of the State-Owned Enterprises Committee of Parliament on Tuesday, where MACL officials provided updates on the project. Responding to questions raised by committee members, MACL Deputy Managing […]
Manta Air welcomes Dhigufaru and Nika resorts for exclusive seaplane transfers
Manta Air has announced its new exclusive partnerships with Dhigufaru Island Resort and Nika Island Resort & Spa to deliver seamless, luxurious seaplane transfers for guests. This collaboration is an exciting addition to Manta Air’s portfolio, reinforcing its role as the premier choice for resort transfers across the Maldives. Dhigufaru Island Resort and Nika Island […]
Maafaru airport reopens for international flights
Maafaru International Airport has resumed international flight operations at the start of this year’s tourism season, following a temporary closure for upgrading. The airport is known for hosting the second-largest number of private jets in the Maldives after Velana International Airport. The airport, which serves high-end tourists visiting nearby luxury resorts, underwent improvements to expand […]
Expansion of Fuvahmulah Airport aimed at jet accommodation
Fuvahmulah Airport is set to undergo development to cater to private jets, with plans to expand the runway and apron for jet parking spaces, according to the Regional Airports Company (RAC). The airport operator presented its development masterplan to the Fuvahmulah City Council during discussions on Thursday. RAC outlined the key points of the plan: […]
SriLankan Airlines mulls cancelling loss-making Colombo-Gan flights
SriLankan Airlines might halt its Colombo-Addu flights due to increasing financial losses, as disclosed by Ace Aviation, the airline’s General Service Agent (GST) in the Maldives. The direct route between Gan International Airport and Colombo’s Bandaranike International Airport was initiated by SriLankan in 2016. Flights recommenced on December 4, 2021, post-COVID suspension, with a current […]
Manta Air to launch intl flights in Jan 2024 with India as debut route
Manta Air, the Maldives’ leading airline, has announced that it is starting direct flights from India to the tropical paradise of Maldives. The announcement took place at a prestigious event hosted at the chic Bang at The Ritz-Carlton hotel in Bangalore. In a move aimed at redefining air travel between India and the Maldives, the […]
MVR 79m allocated for new domestic airport projects in 2024
The 2024 state budget includes an allocation of MVR 79.9 million for new projects aimed at developing domestic airports across the nation. In the MVR 49 billion budget presented to the parliament on Tuesday, a sum of MVR 79 million has been earmarked for the construction of new domestic airports on various islands. Airport development […]
IndiGo connects Hyderabad-Maldives with 3 weekly service
GMR Hyderabad International Airport Limited (GHIAL) has announced the resumption of flights by IndiGo Airlines, connecting Hyderabad to the Maldives. The service officially commenced on Tuesday. In response to the increasing number of leisure travellers choosing the Maldives as their destination, IndiGo Airlines will operate three non-stop flights weekly, departing from Hyderabad on Tuesday, Thursday, […]
New $100m Saudi loan for Maldives’ main airport development
Saudi Arabia has extended a financial lifeline to the Maldives by granting $150 million (MVR 2.3 billion) in new loans, as confirmed by Finance Minister Ibrahim Ameer in a statement to local media on Sunday. The allocation of this funding includes: $100 million designated for the completion of the Velana International Airport (VIA) development project. […]
