Air Namibia has been placed into voluntary liquidation after cancelling all its flights on February 11.
A statement from the management of Namibia’s national carrier last week said all flight operations would cease on February 11, with all aircraft returning to base.
The reservations system for taking new bookings was suspended at the same time.
Ipumbu Shiimi, minister of finance, said: “After considering a number of strategic alternatives, government approved a plan to liquidate the national airline.
“All options assessed point to the fact that the national airline is not profitable and it has not been profitable since its inception.
“At this stage, the country’s economy can no longer afford to perpetually provide financial support to Air Namibia at the expense of supporting economic growth and critical social services.”