
Malaysian Airline System Bhd (MAS) has withdrawn its US$35.
5 million (RM124 million) civil suit against Air Maldives (AML), which it filed in 2004.
The Maldives government has also withdrawn a US$90 million (RM315 million) claim filed with the Singapore based International Court of Arbitration on March 1.
Under the agreement, the two airlines have agreed to put an end to all legal proceedings in Malaysia and Singapore.
The agreement paves the way for MAS and the Maldives Government to develop new business opportunities for the Kuala Lumpur-Male sector and other destinations in India.