Island Aviation Services Limited, the state-owned operator of the national airline Maldivian, has reported a net loss of MVR 46.36 million for the first quarter of 2025, according to figures released by the Privatization and Corporatization Board (PCB). The airline generated MVR 672.52 million in revenue during the quarter, with domestic passenger services accounting for more than half (MVR 345.26 million). Regional flights contributed MVR 110.72 million, while seaplane opera

Maldivian, the national airline of the Maldives, and Air India, the national airline of India, have entered into a bilateral agreement aimed at enhancing connectivity between the two countries and improving passenger movement across regional and domestic networks. Under the agreement, Maldivian will gain access to Air India’s extensive worldwide network, enabling more passengers to connect seamlessly to flights serving 16 islands beyond Male’. The partnership also allows Mald

Maldivian has announced an invitation for Expressions of Interest (EOI) to finance lease two ATR 42-600 aircraft. The move is part of the airline’s ongoing fleet renewal program, which is gradually replacing its Dash 8 fleet with ATR turboprops. The national carrier currently operates a mixed ATR fleet consisting of two ATR 72-600s and three ATR 42-600s. These aircraft were introduced beginning in 2023 as part of a phased transition away from the Dash 8 series, which had form

Maldivian’s Emergency Air Ambulance Service has reported completing 1,562 flights and transporting 1,800 patients since its launch, reflecting the growing role of the program in providing urgent medical care across the island nation. Established as a key initiative under President Dr. Mohamed Muizzu’s administration, the air ambulance program was designed to enhance emergency medical care accessibility throughout the Maldives. Operated in collaboration between Maldivian Airli

Island Aviation Services Ltd (IASL), the operator of national carrier Maldivian, has announced a trio of international Expressions of Interest (EOIs) for the appointment of General Cargo Sales Agents (GSAs) in Melbourne Australia, Moscow Russia , and Incheon South Korea. The coordinated call for representation in these key markets signals Maldivian’s intent to expand its global presence. The EOIs, published via the Maldives Government Gazette and official airline channels, i

Island Aviation Services Ltd (IASL), the operator of Maldivian, has issued a call for expressions of interest (EOI) to appoint a General Passenger Sales Agent (GSA) in Bangladesh. The move suggests the airline may be preparing to resume scheduled services to the country. The EOI invitation is open to qualified entities capable of representing Maldivian’s commercial interests in Bangladesh. Interested parties must submit their application via email by 23:59 hrs Maldives local

Island Aviation Services Ltd (IASL), the operator of Maldivian, has acquired a 12,481-square-foot plot in Hulhumale’ for MVR 49,428,482, according to recent court records. The property, identified as Lot No. 11725, is located near Central Park in Phase I and was purchased from the Housing Development Corporation (HDC). The Civil Court formally recognized IASL as the new owner earlier this week. The purchase comes as IASL continues to face financial pressure, having reported n