WINDHOEK, Namibia
Namibia has announced plans to revive the national carrier, Air Namibia, through a public-private partnership model, with operations expected to resume by late 2026.
The Namibian Presidency
confirmed on Tuesday its position in a statement on its social media page,
reaffirming President Netumbo Nandi-Ndaitwah's commitment to relaunching the
airline under a sustainable business framework.
Air Namibia ceased operations
in 2021 after years of financial struggles, requiring repeated government
bailouts.
"President Nandi-Ndaitwah
has committed to reviving the national airline through well-intentioned
strategic measures aimed at avoiding past mistakes. The government intends to
pursue this initiative using a sustainable business model with a Public-Private
Partnership approach to provide a sound business case," the presidency
said.
According to the presidency, a
market study will be completed by June 2025, an expression of interest for
private partners will be finalized by August this year, and negotiations are
expected to conclude by December 2025.
"The launch and official
operations of the new airline are anticipated between June and December
2026," the presidency added.
The implementation plan
indicates that a 3-billion-Namibian-dollar (about 163 million U.S. dollars)
investment is required in the next five years to support Air Namibia.
The revival of Air Namibia is
expected to promote tourism through direct international destinations, thereby
generating foreign exchange revenue and creating 700 direct and 500 indirect
jobs.
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