Air Namibia liquidated as Namibia negotiates NAD2.3bn (USD154m) settlement with Castlelake
The Namibian government has confirmed Air Namibia's liquidation and is negotiating settlement terms for NAD2.3 billion (about USD154 million) owed to Castlelake. The sum represents creditor and lessor claims tied to the carrier's collapse; negotiations will determine recoveries and the status of leased assets.