The troubled service had been shedding cash for years, even earlier than the COVID-19 pandemic
- Airline introduced that every one its plane could be grounded
- Determination to close down 75-year-old airline follows the service’s board’s resignation on February 3
- Air Namibia’s fleet entailed 4 A319-100s, two A330-200s, 4 EMB-135ERs, and one inactive B737-500
75-year-old Air Namibia has introduced the cancellation of all its operations with all its plane grounded instantly. Its reservations system was suspended with no new bookings being accepted from February 11, 2021. Passengers have been suggested to register claims for refunds.
The troubled service that had been shedding cash for years, even earlier than the COVID-19 pandemic, introduced that it plans to enter voluntary liquidation.
The federal government of Namibia has already accepted the voluntary liquidation of the service with a three-person board of administrators appointed to supervise it. The board contains lawyer Norman Tjombe, businesswoman Hilda Basson-Namundjebo, and economist James Cumming who will collectively help interim CEO Theo Mberirua in operating the corporate.
Air Namibia’s liquidation will result in over 600 job losses — the commerce union representatives had knowledgeable the Air Namibia’s 636 staff yesterday that they might obtain an ex gratia pay-out equal to 12 months of wage, however no advantages.
The service’s fleet currntly consists of 10 largely leased plane, together with two A330s, 4 A319s, and 4 ERJ135ERs. The Namibian authorities has reportedly been in touch with the plane lessors.
Air Namibia largely flew home and regional routes, but additionally operated a global service between Namibia’s capital metropolis of Windhoek and Frankfurt, Germany.