Trans Maldivian Airways (TMA) has reversed its earlier decision to partially pay employee salaries in local currency, following internal backlash and the threat of industrial action from staff.
The company had initially planned to pay 20 percent of salaries in Maldivian Rufiyaa starting this month, citing recent changes to the government's foreign exchange policy. The shift affected even pilots, who had previously been paid entirely in U.S. dollars.
In response, some employees announced plans to suspend seaplane operations in protest. The move prompted TMA to reconsider its position.
TMA CEO Mr. A.U.M. Fawzy informed staff in an internal message that the company would uphold existing employment agreements and continue paying all salaries in U.S. dollars. He confirmed that the previous decision would not be implemented.
The announcement brings a swift resolution to the dispute, as concerns grow over labour rights and the economic impact of foreign currency shortages on key sectors like tourism and aviation.
The company had initially planned to pay 20 percent of salaries in Maldivian Rufiyaa starting this month, citing recent changes to the government's foreign exchange policy. The shift affected even pilots, who had previously been paid entirely in U.S. dollars.
In response, some employees announced plans to suspend seaplane operations in protest. The move prompted TMA to reconsider its position.
TMA CEO Mr. A.U.M. Fawzy informed staff in an internal message that the company would uphold existing employment agreements and continue paying all salaries in U.S. dollars. He confirmed that the previous decision would not be implemented.
The announcement brings a swift resolution to the dispute, as concerns grow over labour rights and the economic impact of foreign currency shortages on key sectors like tourism and aviation.
