Page 16 - Air Namibia News Today : Breaking News, Live Updates & Top Stories | Vimarsana

NAC circles above Air Namibia 2021-03-01  This follows an application by the Namibia Airports Company (NAC) for compulsory liquidation.  Windhoek High Court acting Judge Kobus Miller issued an order to show cause to allow interested parties to give reasons why Air Namibia should not be liquidated and placed in the hands of the Master of the High Court on or before 26 March.  According to an affidavit by NAC CEO Bisey /Uirab, the airports company, as well as Challenge Air, should receive preference over other creditors in the winding-up process.  He further said the airline owes NAC clo...

Cabinet has clarified that the cost of liquidating the national airline, Air Namibia, will not be borne by government, but rather by the proceeds of the sale of assets of the company.

The bleak outlook for the global aviation industry may result in more airline closures and ever higher costs of air travel for passengers.

-The announcement of Air Namibia's voluntary liquidation sent shockwaves through the nation two weeks ago. The decision comes after the Government has considered all options to save the national carrier.

Saturday, 20. February 2021 - 15:26 Photo credits:  NAMPA The Leader of the landless People's Movement (LPM), Bernadus Swartbooi believes the Government did not consider other alternatives before a decision was taken to liquidate Air Namibia. Swartbooi says LPM would have supported the liquidation only if all available options were exhausted.