Castlelake Archives - Airspace Africa https://airspace-africa.com/tag/castlelake/ Latest news and insights from the aviation and travel industry in Africa Sun, 29 Aug 2021 07:24:49 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://airspace-africa.com/wp-content/uploads/2021/05/cropped-African-Airspace-Logo-Favicon-01-32x32.png Castlelake Archives - Airspace Africa https://airspace-africa.com/tag/castlelake/ 32 32 Namibian Government Pays USD 107 Million to Terminate Aircraft Lease Agreement https://airspace-africa.com/2021/08/29/namibian-government-pays-usd-107-million-to-terminate-aircraft-lease-agreement/?utm_source=rss&utm_medium=rss&utm_campaign=namibian-government-pays-usd-107-million-to-terminate-aircraft-lease-agreement https://airspace-africa.com/2021/08/29/namibian-government-pays-usd-107-million-to-terminate-aircraft-lease-agreement/#respond Sun, 29 Aug 2021 07:24:49 +0000 https://airspace-africa.com/?p=3218 The government of Namibia has confirmed it paid out USD 107 Million to global leasing giant castlelake after it guaranteed the lease of 2 Airbus A330s to Air Namibia. The settlement reportedly came after close to a year of negotiations Air Namibia ceased operations in February 2021 after 75 years in service According to the [...]

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