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Airlines

Name: AIR MALDIVES
7JetSet7 Code: ZDV
Status: Currently Not Operational
Region: ORIENT
City: MALE
Country: MALDIVES
Employees 550
Web:
Email: sales@airmaldives.co.mv
Telephone:
Fax:
Sita: MLETOL6
Background
(definitions)

ESTABLISHED IN 1974. DOMESTIC & REGIONAL, SCHEDULED & CHARTER,
PASSENGER, JET AIRPLANE SERVICES.

JUNE 1996: 136 EMPLOYEES (INCLUDING 53 FLIGHT CREW (FC) & 28 MAINTENANCE TECHNICIANS (MT)).

OWNED BY GOVERNMENT OF MALDIVES & 49% BY MALAYSIAN HELICOPTER SERVICES.

SERVICES TO GAN, HANIMADHOO, KAADEDHOO, KADHDHOO, COLOMBO, DUBAI, KUALA LUMPUR AND TRIVANDRUM. PLANS TO GO TO FRANKFURT & ZURICH.
CODE SHARE WITH MALAYSIAN AIRLINES (MAS).

1 A300B4 (MAS) LEASED.

JANUARY 1998: 1 A310-222 (JT9D-7R4) (331), EX-AIR MALTA (MLT), AIRBUS (AFIS) LEASED, 221 PAX.

APRIL 1998: 374 EMPLOYEES (INCLUDING 14 FC & 18 MT).

APRIL 1999: 435 EMPLOYEES. SITA: MLETOL6.

(airmldvs@dhivehinet.net.mv).

1 A330-300, MALAYSIAN AIRLINES (MAS) LEASED.

SEPTEMBER 1999: IN WINTER, PLANS TO LAUNCH SERVICES TO EUROPE, INCLUDING FRANCE, GERMANY, & GREAT BRITAIN. IN 10/99 TO BANGKOK, JOHANNESBURG, KUALA LUMPUR, LONDON, PARIS, FLYING A310-300'S (452; 650; 674), EX-DELTA AIRLINES (DAL).

3 ORDERS (10/99) A310-300'S, AIRBUS (AFIS) LEASED.

OCTOBER 1999: A310-324 (650, N835AB), (AFIS) LEASED.

DECEMBER 1999: TO DUBAI - MANCHESTER AND TO LONDON GATWICK.

MARCH 2000: SUSPENDS OPERATIONS.

BAHARUDEEN HASSAN, MANAGING DIRECTOR REPLACES FAUZI AYOB.

1ST 9 MONTHS 1999 = +$1.2M (NET PROFIT).

3 A310-300'S, 5 YEAR LEASED AT $1.1M/MONTH. A310-300 (PW4156A) RETURNED TO AIRBUS.

APRIL 2000: SUSPENDS OPERATIONS.

GROUNDS 3 A310-300'S, FAILS TO MAKE LEASE PAYMENTS.

MALAYSIAN AIRLINES (MAS), TAJUDIN RAMLI, EXECUTIVE CHAIRMAN, OWNS 49% OF AIR MALDIVES (ZDV) THROUGH HIS HOLDING COMPANY, NALURI. HAS $316M DEBTS.

550 EMPLOYEES (INCLUDING 40 FLIGHT CREW (FC), 100 CABIN ATTENDANTS (CA), & 40 MAINTENANCE TECHNICIANS (MT)).

(sales@airmaldives.co.mv).

JUNE 2000: A310-222 (331, F-OHPP), RETURNED TO AIRBUS. DHC-8-202 (429), LEASED TO ISLAND AVIATION SERVICES. A310-300 (452), RETURNED, 5 YEAR LEASED TO KHALIFA AIRLINES (KHZ).

SEPTEMBER 2000: TOURISM HAS NOW REPLACED FISHING AS THE PRIMARY INDUSTRY IN THE MALDIVES, AN ARCHIPELAGO OF 1,200 ISLANDS IN THE INDIAN OCEAN. TOURISM NOW CONTRIBUTES UP TO 20% OF COUNTRY'S GROSS DOMESTIC PRODUCT, 70% OF TOTAL FOREIGN EXCHANGE EARNINGS AND 40% OF GOVERNMENT'S REVENUES. ALTHOUGH MALE AIRPORT IS MAIN GATEWAY, PLANS INCLUDE DEVELOPMENT OF 4 REGIONAL AIRPORTS, NOW USED FOR DOMESTIC TRANSFERS.

SEPTEMBER 2001: SRILANKAN (LNK) EFFECTIVELY TAKES OVER AS THE NATIONAL CARRIER OF THE MALDIVES BY LAUNCHING SERVICES TO 3 POINTS FROM MALE, INCLUDING NON-STOPS TO LONDON, TOKYO, AND ZURICH.

Fleet:
(definitions)

September 2001:

0 A300B4, (MAS) LSD, RTND.

0 A310-222 (JT9D-7R4) (331), EX-(MLT), RTND AIRBUS (AFIS), 221 PAX.

0 A310-324 (PW4156A) (452; 650; 674) EX-(DAL), (AFIS) 5 YR LSD 1999-09, ALL GROUNDED 2000-04. 452 RTND, LST (KHZ) 2000-06. 674 RTND, LSD (KHZ) 2000-12. ALL RTND.

0 A330-300, (MAS) LSD 1999-04, RTND.

2 DORNIER 228-200.

1 BOMBARDIER DH DASH 8-202 (429, 8Q-AMD), LSD ISLAND AVN SVC.

Management:
(definitions)

ANBAREE ABDUL SATTAR, CHAIRMAN.

BAHARUDEEN HASSAN, MANAGING DIRECTOR, OFFICIAL OF NALURI, MALAYSIA, WHO OWN 49% OF (ZDV) (2000-03).

 
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