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A digest of news and opinion from the Maldives.

Bain Capital LP

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Bain, Chinese partner buy Blackstone’s sea plane fleet operator in Maldives for $550 mn

By Maldives Times 3 min read

Bain Capital is buying the world’s largest seaplane fleet operator Trans Maldivian Airways from Blackstone for around $550 million to cash in on booming high-end leisure travellers flocking to the Indian Ocean archipelago, known for its pristine blue lagoons, white beaches, ring-shaped atolls and extensive reefs, said people aware of the development. The two sides […]

Bain to Pursue Purchase of Tropical Island Airline – Bloomberg

Bain to Pursue Purchase of Tropical Island Airline – Bloomberg

By Maldives Times 3 min read

Trans Maldivian, which owns one of the world’s biggest seaplane fleets, carries visitors from the country’s international airport to luxury resorts on other islands.  Bain Capital LP is in the final stages of bidding for Blackstone Group LP’s seaplane operator in the Maldives, the tropical island chain known for its white sand and turquoise waters, […]