Air Namibia Needs Over U.S.$680 Million Bailout From Govt
Air Namibia's board has warned the government that the national airline could shut down if it does not get the more than U.S.$680 million needed by the end of September. A detailed letter written by the national airline's former board chairperson Deidré Sauls-Deckenbrock, emphasises that the parastatal needs the money to resolve its dispute with Belgium company, Challenge Air, after losing a court battle four years ago leaving them with a bill of more than U.S.$20 million.
Air Namibia plane (file photo).
Airlines Eye Stake in Air Namibia
Namibian, 5 September 2019
Three major airlines - South African Airways, Ethiopian Airlines and German-based Lufthansa - have all shown interest in acquiring part of cash-strapped Air Namibia. Read more »
Air Namibia Cuts Down On Routes
Namibian, 10 June 2019
AIR Namibia has had to suspend a number of southern African regional flights due to the unavailability of three Airbus planes. Read more »
Air Namibia has suspended all flights to Luanda, while flights from Windhoek to Johannesburg have been scaled down to one per day from the usual three per day due to an ongoing ... Read more »
See What Everyone is Watching