The construction of Hanimadhoo International Airport is set for completion next year, with plans to establish a seaplane terminal on the island, according to Maldives Airports Company Limited (MACL) Managing Director Ibrahim Shareef Mohamed.
Speaking at a meeting of the State-Owned Enterprises Committee of Parliament, Shareef highlighted that domestic airports currently operate at a significant loss. He noted, however, that the establishment of an international airport in Hanimadhoo presents an opportunity for profitability.
Shareef explained that subsidies for the operation of 20 airports currently amount to MVR 450 million annually, with this figure projected to rise to MVR 748 million as the number of airports increases. The feasibility of such operations depends on achieving sufficient tourist bed capacity in surrounding areas, he said.
"The success of an international airport depends on access to nearby tourist beds. If passengers arriving at Hanimadhoo International Airport can travel to resorts within a 180-kilometer radius, the airport will become viable," Shareef stated.
He added that while the seaplane terminal may not be fully operational when the airport opens, a smaller terminal will be established initially, with plans for further expansion.