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The price of jet fuel has increased by roughly 110% between January 2021 and 2022 and as passengers return to the skies, some of those costs are passed on to consumers. In fact, airline fares ...
An island resort in the Maldives Diamonds Thudufushi Beach & Water Villas, a luxury resort on Thudufushi, Ari Atoll in May 2017 Tourism Zone. Tourism is the largest economic industry in the Maldives, as it plays an important role in earning foreign exchange revenues and employing 25,000 people in the tertiary sector of the country.
Real GDP growth averaged about 10% in the 1980s. It expanded by an exceptional 16.2% in 1990, declined to 4% in 1993, and, over the 1995–2004 decade, real GDP growth averaged just over 7.5% per year. In 2005, as a result of the tsunami, the GDP contracted by about 5.5%; however, the economy rebounded in 2006 with a 13% increase. [14]
3 January: Private companies are allowed to operate drug rehabilitation centres in the country. [1]4 January: President Mohamed Muizzu launches a multimillion-dollar project to upgrade Velana International Airport (VIA) to boost the capacity to 25 million passengers, [2] resulting in the relocation of seaplane terminals to be relocated to Funadhoo for the project to continue. [3]
This is a list of airports in the Maldives, grouped by type and sorted by location. The Maldives or Maldive Islands , officially the Republic of Maldives , is an island country in the Indian Ocean formed by a double chain of 26 atolls stretching in a north–south direction off India 's Lakshadweep islands, between Minicoy Island and Chagos ...
Maldivian Air Taxi (MAT) was a domestic carrier in the Maldives and was one of the largest seaplane operators in the world, operating over 500 flights a week during the peak tourist season. Beginning in November 1993 with two aircraft, MAT grew in direct response to the opening of newly developed resorts that require seaplane transport services ...