Aviation
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BusinessAgreement with Russia to boost flight frequency for tourism
The Maldives and Russia have signed an agreement to increase flight frequencies and strengthen aviation ties to boost tourism. This initiative aims to attract more Russian visitors, a key market for the Maldivian economy, by allowing additional airlines to operate. The move is expected to support economic recovery and stabilize the currency.
BusinessFiraq urges monetization of existing airports over new projects
Inner Maldives CEO Mohamed Firaq argues that the Maldives should focus on monetizing existing airports rather than building new ones. He suggests enhancing profitability through foreign partnerships for maintenance services and better domestic connectivity to unlock the industry's full economic potential.
