Air Namibia (SW, Windhoek Hosea Kutako International (WDH)) and its sole shareholder, the Namibian government, have been slapped with a USD130mllion bill by Intrepid Aviation, for allegedly trying to back out of an agreement for the lease of two new Airbus A330-200s. Namibia's Sun newspaper claims Air Namibia's sudden change of mind arose after the airline was forced to submit a second turnaround plan in order to secure further government funding to the tune of USD120mllion. Part of the plan calls for the Namibian carrier to lease "second hand" Airbus A330s for use on its flights to Frankfurt International (FRA), in an effort to cut costs. Under the terms of the agreement signed last year, Intrepid was to lease two brand new Airbus A330-200 aircraft to Air Namibia for 12 years, effective from the end of this year.

Air Namibia (SW, Windhoek Hosea Kutako International (WDH)) will be rescued by the Namibian government with a bailout later this year. According to various press reports from the country, the state owned national carrier is set to receive $120 million USD from the government this year to finance changes to its business plan and the repayment of loans. Additional payments to Air Namibia of $77.5 million USD have already been budgeted for 2014 and 2015 as well. Loss making Air Namibia had already relied on government subsidies in the past.

Air Namibia (SW, Windhoek Hosea Kutako International (WDH)) has set October 1 as the planned long-haul service introduction data of its two A330-200s that will be delivered from Airbus Industrie (AIB, Toulouse Blagnac (TLS)) this summer to replace its two A340-300s. Air Namibia currently operates the A340s on a daily service between Windhoek and Frankfurt International (FRA).

Air Namibia (SW, Windhoek Hosea Kutako International (WDH)) will reportedly add two ex-Emirates (EK, Dubai International (DXB)) A330-200s to replace its two A340-300s used on the daily Windhoek Hosea Kutako International (WDH) - Frankfurt International (FRA) route next year. The plan to get A330s had already been confirmed last week but it seems like the source of the aircraft has now been unveiled.

Air Namibia (SW, Windhoek Hosea Kutako International (WDH)) has announced plans to replace its two A340-300s used for its daily Windhoek Hosea Kutako International (WDH) - Frankfurt International (FRA) service by A330s to complete its fleet renewal plans.