Air Namibia saved - again
Air Namibia has been saved again from the government by providing 1.1 Billion N$ (about 120 Mio USD) for 2013/14, allowing them to pay their bills.
Between 1999 and 2012 they gave them already 3.6 Billion N$, about 400 Mio USD.
Further, they'll get 2x new A330-200, leased from October and November 2013 on.
The government throws a lot of money in their national airline. The question is: Does their concept work this time? I have my doubts.
Last edited by ChiefT; 6th Mar 2013 at 11:01.