Airlink Acquires 40% Stake in FlyNamibia

Airlink (4Z) is acquiring a 40% strategic equity holding in privately-owned Windhoek-based FlyNamibia.

The investment, worth an undisclosed monetary sum, is underpinned by a commercial franchise agreement under which FlyNamibia will adopt Airlink’s “4Z” International Air Transport Association (IATA) designator for its ticket sales and scheduled flights, while retaining its unique corporate identity, brand and aircraft livery. Airlink will also provide additional airline operations, technical and commercial skills training and development support for FlyNamibia.

“This will also support our and Namibia’s shared longer-term ambition to establish Hosea Kutako International Airport as the central connecting hub and base. In doing so, we will help to make air travel and transport more efficient and enhance Namibia’s competitive position as a destination for trade and tourism.” –Rodger Foster, CEO, Airlink.

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