Air Namibia
Air Namibia

Namibia’s national airline, Air Namibia, Wednesday confirmed that all litigation matters which existed between Air Namibia and Challenge Air SA, have been amicably resolved and a Deed of Settlement in respect of all disputes whether in Namibia or in some other parts of Europe was duly executed.

Air Namibia’s corporate communications manager, Paul Nakawa in a statement said all attachment orders of Air Namibia assets issued in line with the German court directives are to be suspended per the Deed of Settlement entered into, which will enable Air Namibia to trade normally going forward.

Business24

“We extend our sincere appreciation and thanks to all parties including the Air Namibia appointed Legal Team and the local representatives of Challenge Air for their meticulous efforts in resolving a very complex matter,” he said.

Air Namibia and Challenge Air parted ways after Air Namibia agreed in March 1998 to lease a 351-seater plane from Challenge Air which was subsequently canceled because the aircraft was believed to be defective.

Challenge Air retaliated and hauled Air Namibia in front of the German courts in an attempt to recover 25 million Euros. Enditem

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.