Page 21 - Air Namibia News Today : Breaking News, Live Updates & Top Stories | Vimarsana

It’s not goodbye from troubled carrier as Air Namibia is thrown a lifeline Namibia’s national airline narrowly escaped liquidation by reaching an agreement over unpaid debt from a contract that had gone sour. Facing closure due to a mountain of debt, Namibia’s national airline suspended all flights across its entire route network in March 2020. However, the airline managed to avoid liquidation proceedings on Friday 19 January by reaching an out-of-court settlement with a creditor. The airline owed 253-million Namibian Dollars (R253m) for an aircraft it had leased more than 20 years ago...

Every weekend, we round up the top miles, points and travel news that you might have missed on TPG this week. Here’s what you need to know: Sign up for the TPG newsletter for more tips, insights and travel news. Fly like the wind: Pilots are about to cross the Atlantic in a whole new …

RPT - ANALYSIS - Air Namibia Announces Voluntary Liquidation Amid Losses, COVID-19 Sun 14th February 2021 | 11:10 AM JOHANNESBURG (UrduPoint News / Sputnik - 14th February, 2021) As Air Namibia announced ceasing operations and recalling the fleet earlier this week, aviation experts explained to Sputnik the reasons behind yet another African airline going out of business amid COVID-19. On Wednesday, Air Namibia announced on Twitter that, effective February 11, all operations would be suspended, aircraft would return to base and no new reservations would be taken. The airline also pledged ref...

Advertisement: Last night, African airline Air Namibia revealed that it would be suspending operations, effective today. While all aircraft will fly back to the airline’s base, no passenger flights will now operate. The airline posted the announcement to its Twitter feed. Air Namibia has ceased operations and is filing for liquidation. Photo: Fraport 2020 saw its fair share of airline bankruptcies, many due to the COVID crisis. Government support went a long way for many, saving numerous airlines from unavoidable bankruptcy. At the end of 2020, 34 airlines had folded, and now we’ve alread...

One of Air Namibia's two Airbus A330-200s at Frankfurt Airport. Photo: © Marvin Mutz The Namibian government announced on Wednesday, February 10, that it would shut down flag-carrier Air Namibia as a direct result of the Covid-19 pandemic and its unprofitability. Every one of the airline’s 600 employees will be paid twelve monthly salaries and refund requests will still be processed. Over the past decade, the Namibian government injected almost US $500 million into the company, which until recently only operated a fleet of nine aircraft; four Embraer ERJ-135 jets that were mostly deploye...