×

Maintenance Repair & Overhaul Space Air Cargo

Home- Stories

Air Chateau and Partners to Develop 100 Hybrid Vertiports in the Maldives

Our Bureau - : Aug 27, 2024 - : 11:21 pm

Air Chateau, a Dubai-based helicopter and vertiport operator, is collaborating with Regional Airports Company (RACL) and Wings Capital Management of Abu Dhabi, UAE, to develop a network of vertiports and droneports to connect over 1,200 islands across the Maldives.

The Memorandum of Understanding (MoU) for Project Elevate Maldives is aimed to enable island air mobility for drones and vertical takeoff and landing (VTOL) aircraft operations. Acording to the MoU, Air Chateau will operate helicopters and eVTOLs in the Maldives for 20 years. The company will be responsible for attracting foreign direct investment in the project as well.

“The Maldives presents a unique opportunity for us, especially within the tourism and mobility sectors which are valued at around half a billion dollars annually,” said Dr. Samir Mohammed, Chairman of Air Chateau. “The Maldives exemplifies the potential for Island Air Mobility (IAM), similar to Regional Air Mobility (RAM) and Urban Air Mobility (UAM). Our Helicopters and future eVTOL operations will simply complement the existing transportation modes, creating a synergistic and convenient hub-and-spoke system.”

According to Ahamed Mubeen, Managing Director of RACL, the state-owned company of the Republic of Maldives currently operates eight airports across various regions of the Maldives and aims to expand this number to 15 in the near future,. “This unique opportunity positions us as an ideal partner for investors in the aviation sector. We are pleased to establish this understanding with globally recognized firms like Wings Capital Management and Air Chateau,” he said.

MORE NEWS

Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.

Popular Posts

Copyright 2023. GBP. All Rights Reserved.

Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us

z-index: 9999; /* Ensure the ad is on top of other elements */