Namibian media are reporting that the Namibian government has decided not to reconstitute and revive its bankrupt carrier Air Namibia, but to start a brand new carrier.
Air Namibia was voluntarily liquidated in 2021 after several years of financial losses incurring US453 million R7,9 billion in government bail-outs and a mountain of debt over the three decades prior. Several hundred employees lost their jobs.
The decision to start a new carrier was announced last month by Namibias Works and Transport Minister Veikko Nekundi , who said the venture had the support of President Netumbo Nandi-Ndaitwah , who has commissioned a US1,13m R20m feasibility study.
