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New Air Namibia Airbus to Save Company $853,000 Monthly

New Air Namibia Airbus to Save Company $853,000 Monthly

Leased by U.S.-based Intrepid Aviation, the Airbus A330-200 — equipped with twin aisles — will save Air Namibia an estimated $853,000 per month, according to a New Era report.

Last week the aircraft was delivered to Windhoek from Frankfurt, Germany arriving in front of a welcoming crowd which approved the look of the Airbus — one of two added to the company’s fleet.

The Namibian Sun reported that the Airbuses are part of an initiative to turn the company profitable as Air Namibia has long been struggling financially. The report also noted that Air Namibia relied on a $200.6 million government bailout between 2003 and 2009 to stay afloat.

“I wish to remind management and staff of Air Namibia that you are operating in a highly competitive industry, and while we acknowledge that you face various challenges, there is an expectation from the shareholder and the nation that you manage this institution prudently and diligently, and that you will attain and fulfill the objectives and goals for which Air Namibia was established,” Killus Nguvauva, Deputy Minister of Works and Transport said at the airbus delivery ceremony, New Era reported.

The national carrier of Namibia, the Works and Transport ministry has backed support of the airline in efforts to stabilize the country’s tourism industry. According to the Namibian Sun, Air Namibia partnered with code share carrier Kenya Airways to expand market share in East Africa — and to encourage more tourists to visit.

“It is through forcing such partnerships with key aircraft manufacturers, that our national airline will be able to continue growing its business,” Nguvauva said of Intrepid Aviation.

“With the help of its skilled crew, may this plane cover millions of air miles in [the] future and transport countless passengers safely from one continent to another. May this Airbus A330-200 be blessed and always have a smooth landing,” Onno Huckmann, German Ambassador to Namibia said at the ceremony.

The government, Air Namibia and supporting shareholders are hoping the new aircraft will pull in revenue that will bring the company closer to its 2016 expected checkpoint of breaking even, the Namibian Sun reported.