Blackstone set to reacquire Trans Maldivian Airways
Blackstone, the world’s largest private equity firm, is in the final stages of reacquiring Trans Maldivian Airways (TMA), nearly eight years after selling it to a consortium led by Bain Capital and Chinese conglomerate Tempus Group. According to sources familiar with the matter, the deal is expected to be at a price close to what […]
Record-breaking seaplane movements mark booming tourist season in Maldives
In a remarkable turn of events, Velana International Airport in the Maldives witnessed an unprecedented surge in seaplane movements last Tuesday, setting a new record for the highest number of flights in a single day. According to the Maldives Airports Company Limited (MACL), a total of 649 seaplane movements were recorded on the second day […]
