Island Aviation Services Limited (IASL), operator of Maldivian, the national carrier of the Maldives, has invited proposals for the operating lease of one Airbus A330-200 aircraft, as part of its efforts to expand long-haul international routes.
According to the Request for Proposal (RFP) released on 6 February 2025, IASL is looking for a preferred lease period of five years, with an expected aircraft delivery in the third quarter of 2025. Proposals will be accepted from aircraft owners, airlines, lessors, financial institutions, and other qualified entities, but submissions from brokers and intermediaries outside these categories will not be considered.
Maldivian has been steadily growing its fleet to enhance connectivity for both passenger and cargo transportation. The addition of the A330-200 aligns with its strategy to serve non-stop long-haul routes from Velana International Airport (MLE).
As part of the bid requirements, the aircraft must meet specific technical criteria, including a two-class cabin configuration with at least 20 business class seats, Rolls-Royce Trent 700 or GE CF6 engines, and a fully operational in-flight entertainment system. Additionally, the aircraft should be fresh from a C-check and clear of major maintenance events for at least 24 months after delivery.
The government of the Maldives has been actively supporting IASL’s growth, particularly in expanding international operations to strengthen the tourism industry. With major upgrades to Gan International Airport nearing completion and discussions ongoing with airlines for direct international connections, the introduction of a wide-body aircraft signals further developments in the country’s aviation sector.
Interested parties must submit their proposals via email by 7 March 2025, with a subsequent password submission deadline of 8 March 2025. IASL will evaluate submissions based on technical specifications, financial feasibility, and additional preferred conditions such as maintenance support and cost-sharing measures. The final selection is expected to be announced by 28 March 2025.
