The near bankruptcy crisis @MaldivianAero is currently facing is a direct result of the populist decision by @ibusolih to force Maldivian to reduce their fares by 30%.
Maldivian needs to abolish fixed pricing & adopt a semi-budget airline model if they’re to sustain now. Relying on government for subsidy always has no business sense in it.
Because of their current fixed pricing, it’s unaffordable for a lot of people on so many routes. The result is, they have to fly empty. But a highly fluctuating pricing model which reacts to demand, with a maximum price set can help them fill the seats for every journey. Because the person who couldn’t afford the fixed 3,000 MVR return ticket might be tempted to fly to his or her island for the weekend if the price today is 900 MVR return @JenniferAishath
MEA Presser Conference in #Maldives
-FS Vikram Misri
-AS IOR Puneet Agarwal
-MEA Spox Randhir Jaiswal @MEAIndia@randhir_jk
-Indian HC to Maldives G. Balasubramaniam
#India and #Maldives strengthen ties! PM Modi's 2-day state visit yields key agreements on economic collaboration, infrastructure, health, energy, and maritime security. A new chapter in bilateral cooperation begins!
The Indian diaspora plays a crucial role in furthering friendship between India and the Maldives. Happy to have interacted with members of the diaspora and I thank them for the warm welcome.
The Prime Minister of India, His Excellency Shri @narendramodi arrives in the Maldives on a state visit, at the invitation of His Excellency President Dr @MMuizzu. This historic visit is Prime Minister Modi’s first visit to the Maldives since assuming his third term, and coincides with the 60th anniversary of the Maldives’ independence as well as the 60th anniversary of the establishment of diplomatic relations between the #Maldives and #India.
VIDEO | PM Modi (@narendramodi) arrives in Male, #Maldives. He was welcomed at the airport by President Muizzu, Foreign Minister, Defence Minister, Finance Minister and Minister of Homeland Security.
(Source: Third Party)
The international community cannot stay silent on China’s continued human rights violations. Accountability and justice must prevail over oppression. #StandForHumanRights#China”