Maldivian (Q2, Malé) will enter into a joint venture with the Maldives Airports Company Limited (MACL) to grow its seaplane business.

Mohamed Muizzu, president of the Maldives, issued a statement on October 1 saying that the government-initiated joint venture would “modernise, further expand, and sustain the Maldivian seaplane business.” The statement added that the joint venture with MACL would be under “the complete control” of Island Aviation Services Ltd., as Maldivian is legally known, by April 30, 2025….

Source: ch aviation
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