Two SOEs set to partner up to operate an international airline

Maldivian's two new aircrafts arrive at the Velana International Airport on January 5, 2023. (Photo/Maldivian)

It has been revealed that two State-Owned Enterprises (SOEs) are gearing up to execute an agreement with respect to the operation of an international airline.

As per the economic manifesto of the main ruling Maldivian Democratic Party (MDP) released on Thursday, the airline will be managed by two SoEs through a joint venture.

“Two State-Owned Enterprises are presently in the works to execute an agreement to form a joint venture for the operation of an international airline,” MDP’s manifesto website read.

The manifesto also included plans to expand the national airline’s operations to tourist markets to the Maldives, and through these plans, establishing the national airline as a prominent regional carrier.

Other plans in terms of transportation in the manifesto included the development of a port city in Ihavandhippolhu in addition to paving the way for a transshipment harbor by making major investments in the region.

The manifesto also included plans to expand RTL services to resorts and industrial islands and the introduction of cargo and post services through RTL.