The Maldivian Government has allocated MVR35 million rufiyaa (USD2.26 million) to Island Aviation Services Ltd. t/a Maldivian (Q2, Malé) in its 2019/20 supplementary budget.

According to the Maldives Business Review, the funding will assist the state-owned carrier to reduce its fares by 25%. The airline runs scheduled flights to 10 islands throughout the Indian Ocean archipelago as well as to India, Thailand, China, and Bangladesh.

The latest Maldivian Ministry of Finance records show the airline posted a 19.39% profit margin for 1Q19 against 9.81% for the same period last year. Overall, its net profit margin for the first quarter of this year - MVR104.98 million (USD6.82 million adjusted) - was 101% more than for the same period last year when it touched MVR52.35 million (USD3.35 million).

Maldivian competes in the domestic market against three other privately-owned Maldivian airlines; FlyMe (Maldives), Trans Maldivian Airways, and Manta Air. Unlike FlyMe and Manta, Trans Maldivian only operates charter services.