Namibia Airports Company

Paragon wins N$25m airport tender
30 Jun

Paragon wins N$25m airport tender

ObserverNational News, , ,
Obrein Simasiku Menzies Aviation’s refusal to accept its loss of the grounds handling service tender at the Hosea Kutako International Airport (HKIA) has been dealt another blow, when the Windhoek High Court ruled in favour of Namibia Airports Company (NAC). NAC had earlier approached the High Court, after Menzies refused to hand over the keys and other properties of the Airports Company, as its contract comes to an end tomorrow, 30 June. NAC was on a counter application, after it was dragged by Menzies to court for having awarded a tender to another company, Paragon Investment Holding and its Joint…
Read More
State enterprises grounded by pandemic
17 Aug

State enterprises grounded by pandemic

ObserverObserver Money, Uncategorised, , ,
TUJOROMAJO KASUTO PUBLIC Enterprises Minister, Leon Jooste, says the Covid-19 pandemic is wreaking havoc through the country’s economy and majority of public enterprises are experiencing the aftermath with NWR and the Namibia Airports Company gravely strained. “NWR and the Namibia Airports Company were the most severely affected but the fact is that the pandemic is affecting the entire economy and most of our public enterprises are experiencing the consequences,” Jooste says. The ministry has been urging the public enterprises to implement cost cutting measures and to approach financial institutions before they approach the shareholder for assistance. “We are currently assessing…
Read More
Hosea Kutako prepared for tourist arrivals
03 Sep

Hosea Kutako prepared for tourist arrivals

ObserverUncategorised,
Staff Writer The Namibia Airports Company says its prepared to start receiving international travellers at Hosea Kutako International Airport (HKIA) as part of the country’s Target International Tourism Revival Initiative. “NAC has set in motion, its restart plan under the heading “Resumption of Activities” to ensure the airport readiness upon the resumption of international flights as borders are to gradually open under the provisions of the State of the Emergency Regulations on COVID-19.The NAC has not received any airlines scheduled ahead of the reopening, but they have expressed their willingness to resume flights and we are anticipating mid-September 2020. Alternatively,…
Read More
Govt ponders Air Namibia, NWR, NAC bailout
22 Apr

Govt ponders Air Namibia, NWR, NAC bailout

ObserverObserver Money, , , ,
Staff Writer Government, through the Ministry of Finance is considering a proposal from the Ministry of Public Enterprises to come to the aid of three parastatals which have had their operations severely affected by the global coronavirus outbreak. The three, Air Namibia, Namibia Wildlife Resorts (NWR) and Namibia Airports Company (NAC), are said to be in need of funding to meet their monthly wage bills, amounts expected to run into millions. This comes as Air Namibia is currently not generating any income after grounding its fleet, while NAC which generates revenues by managing the country’s airports has been forced to…
Read More