Malé, Maldives – Island Aviation (IAS) and Maldives National University (MNU) today signed a Memorandum of Understanding (MOU) to establish a Flight Training School to form a joint venture company to manage Addu City.
At the ceremony held today at MNU, the Deputy Vice Chancellor of MNU Dr Mohamed Shareef signed on behalf of MNU while the Managing Director Mohamed Mihad signed on behalf of IAS.
The joint venture established today is a 100 percent public company.
A Czech flying academy has been brought on board for the venture through an open bid, with the Addu flying school expected to resume operations in December 2021.
The academy will train personnel for various fields in aviation in addition to pilot training programs.
The President of Maldives Ibrahim Mohamed Solih has previously said that the Addu flying school will be reopened under the joint venture.
Students of defunct AAA will be given the opportunity to join the newly founded academy and are expected to complete their course in 2022.
The first batch is expected to train 30 students while the following batches would enrol 80 students.