Namibia, Castlelake Reach Aircraft Lease Termination Agreement

aircraft
Credit: Rob Finlayson
The Namibian government has paid $109.5 million to the lessor of two Airbus A330-200s following the collapse of its national carrier. Air Namibia failed in February 2021 after having racked up losses for several years. At the time, the country’s finance minister described the company‘s debts as...

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