Monday, 1 July 2013

Interview: Theo Namases, Air Namibia CEO

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In late 2012, Air Namibia's very existence was brought into question by a wave of industrial action, leasing disputes and an increasingly impatient shareholder. Having successfully weathered the storm, chief executive Theo Namases is now plotting a course for calmer waters. Martin Rivers reports.

News that Air Namibia was trying to back out of a 12-year leasing agreement for two Airbus A330s sent shockwaves through the southern African nation last year, coming alongside repeated warnings from the government that its losses had become unsustainable. The wide-body jets had been billed as a key step towards turning around the airline's loss-making Frankfurt route, which is currently served by two fuel-inefficient A340s...