The highest bidder must provide a USD 100,000 deposit, along with an additional USD 300,000 deposit upon signing the sales and purchase agreement.
Maldivian Airlines has announced the sale of its Dash-8 (DHC-8) aircraft and has invited interested parties to submit proposals before February 28.
The highest bidder must provide a USD 100,000 deposit, along with an additional USD 300,000 deposit upon signing the sales and purchase agreement. The transaction will be conducted in US dollars.
The national airline previously sold one Dash-8 aircraft last year. Maldivian, which began operations in 2000, initially used Dash-8 aircraft before their production was discontinued in 2010.
Managing Director Ibrahim Iyas stated that the airline is gradually replacing its Dash-8 fleet with ATR aircraft for domestic flights. A new ATR aircraft is expected to arrive next month, with the remaining Dash-8 aircraft being sold as the transition progresses.
Island Aviation has already acquired three brand-new ATR aircraft in early 2023, followed by another aircraft last year. With the upcoming delivery, the airline’s ATR fleet will expand to eight.
So far, the company has spent an estimated USD 70 million (MVR 1.1 billion) on refurbishing aircraft and about USD 140 million (MVR 2.2 billion) on acquiring the new ATR fleet.
Maldivian currently operates a fleet of 25 aircraft, including Dash-8s, ATRs, an Airbus A330, and an A320.