Southern African airline Air Namibia is facing liquidation, if the nation’s President gets his way. The state-owned airline currently operates four Airbus narrowbodies, two A330s, and four small regional jets that seat 37 passengers each.
The Windhoek-based carrier during normal times flies within Africa and to Europe. Currently they’re only operating domestic service.
Namibian President Hage Geingob says “Air Namibia must be liquidated, we have a serious problem with Air Namibia. It must be restructured. It is not making any profits and it is just being bailed out. We must do something about it.”
Air Namibia A330, Credit: Konstantin von Wedelstaedt via Wikimedia Commons
In the President’s state of the nation address he explained the carrier was a money loser even after a cost-cutting campaign prior to the current crisis. The airline has reduced labor costs while grounded but hasn’t laid off any employees.
With a per capita GDP of around US$6000, subsidizing money-losing aviation just can’t be a priority no matter what IATA thinks.