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Air Namibia
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===Decline and shutdown=== Air Namibia had been making losses since [[Independence of Namibia|Namibian independence]]. In 2020, its assets stood at below 1 billion [[Namibia Dollar|N$]], while its liabilities amounted to 3 billion N$. Around 11 billion N$ had been provided by [[Government of Namibia|government]] over the previous 20 years. The airline was essentially "on death row".<ref>{{Cite news | last1=Ngatjiheue | first1=Charmaine | last2=Shihepo | first2=Timo | last3=Immanuel | first3=Shinovene | title=THE END β Air Namibia shutdown to cost billions | url=https://namibian.com.na/air-namibia-air-service-licence-suspended/ | date=12 February 2021 | newspaper=[[The Namibian]]|language=en-ZA}}</ref> On 8 July 2020 the Transportation Commission of Namibia suspended the carrier's Scheduled Air Services Licence, citing financial and safety concerns.<ref>{{Cite news | last=Shikongo | first=Arlana | title=Air Namibia air service licence suspended | url=https://namibian.com.na/air-namibia-air-service-licence-suspended/ | date=8 July 2020 | newspaper=[[The Namibian]]|language=en-ZA}}</ref> In October 2020 the airline was given notice by Belgian lawyer Anicet Baum, of the company Challengair, claiming that Air Namibia was insolvent and unable to repay its debts to Challengeair (an amount of 18,s million Euro), which was settled to be repaid in instalments until September 2021.<ref>{{Cite web|last=|first=|date=2020-10-07|title=Air Namibia to resist liquidation|url=https://www.namibian.com.na/205238/archive-read/Air-Namibia-to-resist-liquidation|archive-url=|archive-date=|access-date=2021-02-15|website=The Namibian}}</ref> On 11 February 2021, the Namibian government announced the immediate shutdown and liquidation of Air Namibia due to overwhelming debt and years of financial dependence from the state.<ref>{{Cite web|last=|first=|date=|title=Air Namibia ceases operations, gov't to announce liquidation|url=https://www.ch-aviation.com/portal/news/100474-air-namibia-ceases-operations-govt-to-announce-liquidation|archive-url=|archive-date=|access-date=2021-02-15|website=ch-aviation}}</ref><ref name="aerotelegraph.com"> {{Cite web|last=|first=|date=2021-02-11|title=Air Namibia ist am Ende|trans-title=Air Namibia is finished|url=https://www.aerotelegraph.com/air-namibia-ist-am-ende|archive-url=|archive-date=|access-date=2021-02-15|website=aeroTELEGRAPH|language=de-CH}}</ref> At the time of closure, the airline operated nine aircraft and employed approximately 600 staff.<ref name="aerotelegraph.com"/> In late October 2021, a South African aviation company offered 3.2 billion Namibian dollars to purchase the airline.<ref>{{cite news |url=https://www.namibian.com.na/106950/read/SA-airline-offers-N$32-billion-for-Air-Namibia-%E2%80%A6-FlyWestair-rebrands-to-FlyNamibia |title=SA airline offers N$3,2 billion for Air Namibia β¦ FlyWestair rebrands to FlyNamibia |publisher=thenamibian.co.na |date=3 November 2021 |accessdate=12 November 2021}}</ref>
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