South African airline, Airlink, has acquired a 40% strategic private equity stake in FlyNamibia, a move which will help to accelerate Namibia’s post-pandemic recovery, and help to drive efficient scheduled airline services to, from, and within Namibia.
With the investment worth an undisclosed sum, FlyNamibia will adopt Airlink’s “4Z” IATA designator for its ticket sales and scheduled flights, but will retains its brand, corporate identity, and aircraft livery.
The changes are due to come into effect as soon as possible.
“By joining hands with Airlink and becoming part of its global network, we will be even better able to serve foreign and local tourists and businesses. In addition, we will be building capacity, developing aviation skills and creating direct and indirect job opportunities,” said FlyNamibia Managing Director, Andre Compion.
“Namibia is unique, not only in its natural, mineral and human wealth, but its relatively small population relative to the size of its territory. With this in mind, we will be well-placed to achieve the economies of scale to make it economically feasible to connect and serve Namibia’s smaller towns and cities with Windhoek and other regional destinations while also providing convenient and easy access to other markets around the world,” said Airlink Chief Executive and Managing Director, Rodger Foster.
