The nation has unveiled strategies to rejuvenate its state airline, Air Namibia, via a collaborative approach between public and private sectors, aiming to restart services by the end of 2026.
The Namibian Presidency affirmed on Tuesday via a declaration posted on their social media platform, emphasizing President Netumbo Nandi-Ndaitwah’s dedication to reviving the national carrier within a viable commercial structure.
In 2021, Air Namibia halted its operations following prolonged financial difficulties that necessitated multiple governmental rescues.
"President Nandi-Ndaitwah has pledged to rejuvenate the national carrier via thoughtful strategic actions designed to prevent previous errors. The administration plans to implement this plan utilizing a sustainable business framework alongside a Public-Private Partnership strategy to ensure a robust financial proposal," stated the office of the president.
As stated by the presidency, a market analysis will be concluded by June 2025, expressions of interest from private entities will be gathered by August of this year, and negotiations should wrap up by December 2025.
"The debut and commencement of operations for the new airline are expected to take place between June and December 2026," the presidency further stated.
The implementation plan states that a $3 billion Namibian dollar ($163 million USD) investment will be necessary over the next five years to back Air Namibia.
The resurgence of Air Namibia is anticipated to boost tourism via direct international routes, which should lead to increased foreign exchange earnings and the creation of approximately 700 direct and 500 indirect employment opportunities. (Xinhua News Agency)