Namibia to ground national carrier’s license over cash hole

WINDHOEK (Reuters) – Cash-strapped Air Namibia will have its planes grounded at midnight on Wednesday after it failed to secure enough funding to remain solvent, voiding its air licence, the transport authority said. The airline, which operates 10 aircraft on continental and one international route, with a staff of close to 800, requires around 8 […]

The post Namibia to ground national carrier’s license over cash hole appeared first on CNBC Africa.

CNBC AFRICA

Source : African Media Agency (AMA)

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button