Air Namibia denies impending closure

Aug 10, 2019

Air Namibia says it will continue operating as usual, while denying reports that the national airline is on the verge of being closed down.

Air Namibia spokesperson Paul Nakawa said this in a statement issued in reaction to an article published under the headline "Air Namibia on death row" in The Namibian on Wednesday.

“The board of directors and management, together with consultants recently appointed by the shareholders, the government, are engaged in a process of re-evaluating the strategy and supporting Air Namibia's business model that will ensure the sustainability of the national airline as a going concern,” the statement said.

The statement further said the main reason for this exercise was to improve the airline's financial performance, enhance efficiency and cut costs on its route network.

Nakawa said the airline would continue offering services although the Cabinet committee on treasury has not yet made a decision on its future.

“We would like to extend our sincere appreciation and thanks to all our esteemed customers for their continued support during this most challenging time,” the statement said.

The Namibian reported on Wednesday that the national airline is facing imminent closure, which could cost the government around N$2,5 billion.

 

Credit: The Namibian 

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