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AIR NAMIBIA FILES FOR VOLUNTARY LIQUIDATION

... said it considered all possible options, including potential investments from other airlines and recovery strategies, before a liquidation decision was made. “The country's economy can no longer afford to support Air Namibia,” Shiimi said during a news ... ... ago due to growing debts that could no longer be serviced. However, the crisis in the company came at the beginning of the Covid-19 pandemic. Due to declining demand for flights and inability to maintain proper flight schedules during the pandemic, ...

Modified: 02.17.2021
Air Namibia , liquidation , Namibia , airline , Covid-19 , coronacrisis
Path: РусБанкрот - СМИ
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