Air Namibia, the southern African nation’s cash-strapped flagship carrier, suspended all operations from today after a government decision to file for voluntary liquidation.
The airline has failed to turn around its fortunes despite years of state bailouts.
‘All flight operations will be cancelled, with all aircraft returning to base,’ Air Namibia said on social media.
Lawyers representing Air Namibia and Belgian company Challenge Air SA reached an agreement to have the carrier liquidated.
The board of the national carrier resigned on February 3.