Air Namibia Seeks International Partner

Air Namibia is looking for an international partner to help develop its operations, says the airline’s CEO Rene Gsponer

Air Namibia is looking for an international partner to help develop its operations.

According to the airline’s CEO Rene Gsponer, who spoke to Bloomberg News, Air Namibia has gained revenue and demand after reworking its management and business plans.

The carrier has cut losses, increased ticket fares, deployed more efficient aircraft and changed its routes as part of a three-year turnaround project.

“In the long run we need to have a partnership to avoid shrinking to a regional player,” said Gsponer. “We need a strong international partnership.”

The airline posted a $56m loss this fiscal year, but gross profit rose 51 per cent and passenger numbers have climbed 17 per cent.

TAGS: Africa
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish