Island Aviation
24 articles
NewsDebt-ridden Island Aviation launches employee housing project
Despite significant debt and recent financial losses, state-owned Island Aviation has launched a housing project for its 1,500 employees in Hulhumale'. The company secured land from the HDC, though specific details on financing and the number of units remain undisclosed. Most of the firm's profits are currently consumed by financing costs.
NewsIAS faces loss in selling flying school to foreign group
Sources familiar with the transaction told Adhadhu that IAS invested USD 2 million (about MVR 30.8 million) to set up the school. However, the property was sold to Zenith Aviation Academy for about USD 900,000.
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Island Aviation buys Hulhumale' land for MVR 49 million
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Maldivian sells aircraft without a tender process
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Noonu Maafaru International Airport officially opens
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Island Aviation records fifth consecutive year of losses
Business
Maldivian begins seaplane flights to Baa atoll
Business
Maldivian's wide-body plane begins flights to China
Business
First wide-body aircraft added to Maldivian fleet
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IAS goes to court against tribunal ruling to reinstate Jennifer
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Jennifer's dismissal unlawful, IAS ordered to reinstate her
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Joint venture to modernize Maldivian Seaplane services
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Seaplane designated for patients now carries tourists!
Business
Airport hotel to be built in Maafaru
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Reality and shared photos of air ambulance poles apart
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Jabir accused of threatening pilot
Business
IAS seeks Boeing 787-8 Dreamliner for Maldivian
Business
Jennifer sacked from Island Aviation after 25 years
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MVR 2 million compensation for Minister Ameen
Business