MALDIVES TO LAUNCH AN INTERNATIONAL AIRLINE
A Memorandum of Understanding (MoU) to launch a new international airline has been formally signed by Island Aviation Services Limited (IASL) and Maldives Fund Management Corporation (MFMC). With the signing of the MoU, MFMC and IASL's strategic partnership takes an exciting step forward. The two organizations are starting an ambitious adventure to create a top-notch international airline that promotes the beauty and hospitality of the Maldives on a worldwide scale with a shared ambition to connect the Maldives with the rest of the world and contribute to the country's economic prosperity.
The international airline wants to offer unrivalled travel experiences, seamless connectivity, and unsurpassed service quality by combining the skills and expertise of MFMC and IASL. This innovative partnership is well-positioned to serve important tourist markets, such as but not limited to China, Europe, and Russia, opening the door to a fresh stream of sustainable tourists. Both institutions are unwavering in their pursuit of attaining a common vision—to enhance the Maldives' status as a top vacation destination and simultaneously provide significant economic dividends for the nation—through this strategic cooperation.