President Dr Mohamed Muizzu has decided to form a strategic partnership between Island Aviation and the Maldives Airports Company Limited (MACL) to modernize, expand, and sustain the "Maldivian Seaplane" business operated by Island Aviation.
According to the President's Office, the decision was made during a cabinet meeting, with plans to establish a joint venture company under the full control of IASL by April 30, 2025.