MACL Reveals Plans to Introduce Nighttime Seaplane Operations
Maldives Airports Company Ltd. (MACL) is planning to expand seaplane operations at Velana International Airport (VIA) by adding facilities for...
Air Service World Congress 2024 Concludes in Maldives
The seventh edition of the Air Service World Congress (ASWC), which brought together industry leaders, airlines, and airports from around...
MACL Inaugurates State-of-the-Art Fire Station at Velana International Airport
The Maldives Airports Company Ltd. (MACL) has operationalised a modern fire station at the main Velana International Airport (VIA). The...
Fitch Downgrades Maldives’ Rating From B- to CCC+ Citing Worsening External Financing
Fitch Ratings has downgraded the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘B-‘. An IDR is an...
China’s Chongqing Airlines Begins Operations to Maldives
China’s Chongqing Airlines has commenced operations to the Maldives. Chongqing Airlines operated its maiden flight from Chongqing to Malé via...
Saudi Fund Loans Provoke Fierce Debate at Parliament Committee
The current administration has taken out two loans totalling SAR 562.5 million (approximately US$150 million), earmarked for the development of...
Seaplane Terminal Relocation Talks Underway, Reveals Saeed
Discussions are underway with the resort operator of Furanafushi Island, North Malé Atoll, regarding the relocation of the seaplane terminal...
Maldives Secures US$150 Million from SFD for Airport and Healthcare Projects
The government has inked two financing agreements with the Saudi Fund for Development (SFD), totalling US$150 million. The funds will...
Government Tightens Cash Declaration Rules Amid Criticism
The government has tightened regulations on the declaration of cash upon departure from the country. Departing passengers must now declare...
Maldivian Undergoes Fleet Modernisation With New ATR Aircraft
Maldivian, the national flag carrier, is undergoing a comprehensive modernisation plan to replace its ageing fleet with state-of-the-art aircraft by...
