THE Namibia Airports Firm (NAC) is about to use for the liquidation of Air Namibia within the Windhoek Excessive Courtroom at this time.
In an pressing utility which the NAC filed on the court docket on Wednesday, the state-owned airports operator says the nationwide airline owes it a complete quantity of near N$714 million, and that Air Namibia is itself admitting it’s unable to pay its money owed.
NAC chief govt officer Bisey /Uirab additionally says in an affidavit filed on the court docket that the cash which Air Namibia owes the NAC is for companies rendered to the airline at numerous airports in Namibia from the top of October 2014 till now.
/Uirab additional says it has grow to be “a infamous incontrovertible fact that for a few years Air Namibia has grow to be a bottomless pit” whereas it acquired yearly monetary bailouts from the federal government, and that it will be honest to the airline’s collectors to have it wound up in order that some collectors can’t proceed to have Air Namibia property hooked up in an effort to recuperate cash owed to them alone.
The pressing utility is scheduled to be heard within the Excessive Courtroom from 09h00 at this time.