A digest of news and opinion from the Maldives.
The national carrier, Maldivian has reported a loss of MVR 110 million. Statistics of Privatization and Corporatization Board (PCB) reveal that Island Aviation Services (IAS), the company which operates Maldivian, income fell by 76 per cent in the second quarter of 2020 when compared with the same period in 2019. PCB oversees state-owned companies IAS […]
State-Owned Enterprises (SOE) Committee of Parliament has concluded that the major spikes in salary and additional allowances of the senior officials of Island Aviation Services (IAS) were against the policies and procedures. Due to various complaints on social media by different individuals pointing towards unacceptable high spikes in salaries of IAS management, the SOE Committee […]
National carrier Maldivian has announced plans to add two more aircrafts into its growing fleet in order to expand its domestic operations. Managing Director of parent company Island Aviation Services (IAS) told local media that due to new domestic airports opening up as well as more hotels and resorts in the works is enough evidence […]