TMA and Manta Air cut salaries as tourist arrivals decline

Trans Maldivian Airways and Manta Air have announced salary reductions for employees, citing a decline in tourist arrivals to the Maldives following conflict involving Iran.

Both airlines informed staff of the decision through internal memos issued last Wednesday.

In a letter to employees, TMA Chief Executive Officer A.U.M. Fawzy said flight cancellations had reduced tourist arrivals and passenger numbers.

He said salary reductions would take effect from today.

According to the letter, the measure is intended to protect jobs and support the company’s operations.

TMA said the reduction would be temporary for an initial three-month period. Salaries would return to previous levels once passenger numbers reach projected 2025 figures.

A separate memo signed by Manta Air Chief Executive Officer Mohamed Khaleel said deductions would be made from part of employees’ basic salaries and allowances from today.

Manta Air said the changes would remain in force for three months or until 31 July, after which the position would be reviewed.

The company said the move was aimed at reducing financial pressure caused by instability in the Middle East and lowering operating costs.

Manta Air also said the measure was taken to avoid job cuts.

Both airlines acknowledged the impact on staff and asked for cooperation during the period.

According to the Ministry of Tourism, tourist arrivals as of 22 April were down 4 per cent compared with the same period last year.

Monthly figures also showed arrivals in April fell 26.9 per cent compared with April last year.