The government bailout of Air Namibia has increased to over N$1 billion with a promise from the Minister of Finance that this would be the last time as “their portion of funds is finished at the Ministry of Finance”. The billion-dollar package is worked out on a new turnaround business plan just approved by the cabinet, and includes slightly over N$600 million already budgeted under the current Medium Term Expenditure Framework (MTEF). The government has already committed to the purchase of two additional aircraft in the fifth or sixth year of implementing the business plan – on top of current

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