Why Are Air Namibia’s Airbus A319’s Grounded?

Windhoek based Air Namibia is facing a liquidity problem that is forcing its Airbus A319’s to be grounded until the airline can pay thousands of dollars in outstanding maintenance fees. The current cash crunch that Air Namibia finds themselves in stems from an on-going court case with the now-defunct Challenge Air. The former Belgium airline is demanding that Air Namibia pay them N$400 million ($27 million USD.) and has taken Air Namibia to court in Germany. Air Namibia’s lack of available funds… (simpleflying.com) Ещё...