Air Namibia seeks ally after stanching loss

[JOHANNESBURG] Air Namibia said it's seeking an international ally as the state-owned carrier makes progress in ending losses, aided by cost cuts, higher ticket prices and the addition of more efficient planes.

With the African company breaking even on a monthly basis since April and aiming to do so for the full year, the focus is on seeking a strong strategic ally, chief executive officer Rene Gsponer said on Tuesday in Johannesburg.

"In the long run we need to have a partnership to avoid shrinking to a regional player," Mr Gsponer said. "We need a strong international partnership."