April 25, 2018 1:41 AM ET

Transportation Infrastructure

Company Overview of Maldives Airports Company Limited

Company Overview

Maldives Airports Company Limited provides air traffic services to regional airports in Maldives. It offers operational services, such as fuel and ground services. The company provides advertising, airlines, and commercial and marketing services. In addition, it offers cargo services, including screening, loading, accepting, storing, transporting, unloading, reconciling, collecting payments, disposing, delivering and auctioning of import and export cargo, and mail from all domestic and international flights. Maldives Airports Company Limited was formerly known as Maldives Airports Authority and changed its name to Maldives Airports Company Limited in August 2000. The company was founded in 1...

Ibrahim Nasir International Airport

Hulhulé

North Malé Atoll,  22000

Maldives

Founded in 1981

Phone:

960 333 8800

Fax:

960 333 1515

Key Executives for Maldives Airports Company Limited

Chief Executive Officer
Associate General Manager of Corporate Communications
General Manager of Fuel Services
General Manager of Ground Services
General Manager of Air Traffic Services
Compensation as of Fiscal Year 2017.

Maldives Airports Company Limited Key Developments

International Arbitral Tribunal Awards Approximately USD 270 Million Compensation to GMR Male International Airport Limited against Government of Maldives & Maldives Airport Co

GMR Male International Airport Limited (GMIAL) announced that it has been awarded compensation of approximately USD 270 million by the 3 member international arbitral tribunal. The compensation covers the debt, equity invested in the project along with a return of 17% and also termination payments and legal costs. The compensation is net of taxes that GMIAL may be required to pay in the Maldives. GMIAL had entered into a concession agreement with Government of Maldives (GoM) and Maldives Airport Company Ltd. (MACL) for modernization and operation of Ibrahim Nasir International Airport (INIA) in 2010.

Similar Private Companies By Industry

Company Name Region
GMR Holdings Pvt Ltd Asia
Maldives Airports Company Limited Asia
GMR Male International Airport Limited Asia

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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