Gan International Airport
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BusinessAddu Airport Company's losses climb to MVR 817 million
Addu International Airport Company’s total losses have reached MVR 817 million, resulting in a negative net worth. Despite a threefold increase in revenue from fuel sales, soaring operating costs and regulatory fines led to a MVR 68 million loss last year. The company remains operational through loans from the government and Kasa Holdings.
NewsTwo Nepalese nationals caught smuggling drugs
Maldives Customs arrested two Nepalese nationals for smuggling over 1.1 kg of heroin, cocaine, and morphine hidden in 142 ingested pellets. The suspects, a man and a woman, could face the death penalty under local drug laws. This incident follows a recent surge in drug trafficking attempts intercepted by Maldivian authorities.
Business
Firaq urges monetization of existing airports over new projects
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Indian High Commissioner inspects Addu airport work
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Addu Airport board chair resigns to protest father’s dismissal
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MNDF begins testing new Bayraktar TB2 drones
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Second shipment of new drones arrive in Addu
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Customs seize more than 100,000 cigarettes at Gan airport
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Afeef interested in developing 130 beds in Gan
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