Starting today, MEGA Maldives Airlines has temporarily suspended all its commercial flight operations. A press release circulated by the airline states its “restructuring and recapitalisation efforts” as reasons for this move.
MEGA Maldives will continue with its other businesses that include the functioning of its Approved Maintenance Operation that offers maintenance and engineering services for aircraft, and its Aviation Training Academy in Male’.
The press release further goes on to read: “Since 2016, MEGA Maldives Airlines has been involved in the complex process of restructuring the company with the aim of recapitalising, and upgrading to meet the level of product our customers and the Maldives require and deserve. This process would involve securing new investments, bringing changes to the ownership structure of the company, and a review of MEGA’s fleet strategy with a view to acquire newer, and more suitable aircraft for the many markets we serve. It would also involve the complete retraining of MEGA’s flight crew and a renovation of its facilities.”
MEGA Maldives Airlines has a fleet of five aircraft: four wide body Boeing 767-300ER aircraft and one Boeing 757-200ERW.
George Weinmann, the CEO of MEGA Maldives says, “We are well aware of our customer and tourism stakeholder expectations of us. The Board of Directors and Executive team felt that it was necessary to focus on the restructuring and improving our product and service. We will look forward to returning to flying very soon with a renewed fleet that can service established, under-served and emerging markets.”