in Business & Finance

Air Namibia receives another reprieve of liquidation

Posted 3 November 2020 · Add Comment

Air Namibia has received another postponement of liquidation after the Namibian High Court re-slated the case until December 1 based on a legal technicality.

Air Namibia receives another reprieve of liquidation until December 1. Image:  Air Namibia

Air Namibia is opposing an application after Anicet Baum, the Belgian liquidator of defunct Challengair, is seeking to have the national carrier liquidated, alleging it had failed to honour monthly instalments on a settlement of USD24.2 million to Challengair.

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