Island Aviation reduces losses to MVR 1.61bn

14 hours ago

Island Aviation Services, the company that operates the national airline Maldivian, has reduced its accumulated losses from MVR 1.79 billion to MVR 1.61 billion. The 2025 financial statement audit report on Island Aviation, publicized by the Auditor General’s Office on Tuesday, shows the state-owned enterprise began the year on an accumulated loss of MVR 1.79 billion. The company generated a profit of