Why it Matters
- Terminal 3 at Hosea Kutako International Airport signals Namibia’s next phase of sustainable airport infrastructure investment.
- NAC’s green energy and digitalisation initiatives aim to improve operational efficiency and reduce carbon emissions.
- Passenger volumes surpassed 1.1 million in 2024, supporting tourism and business travel growth.
- New routes and higher flight frequencies will strengthen Namibia’s position as a regional air hub.
- Namibia Airports Company Limited received an unqualified audit opinion for the fourth consecutive year.
The Namibia Airports Company plans sustainable infrastructure development and green energy integration across its airport portfolio, which includes, amongst others, the construction of Terminal 3 at the Hosea Kutako International Airport and various commercial property developments to diversify its revenue base.
Last year, NAC announced a further N$118 million for apron expansion and VIP facilities at Hosea Kutako, funded by the government over two years.
The plan comes from the company’s route development strategy, which landed additional services from South African Airways, Air Angola, FlySafair, and Discover Airlines in 2024.
Coupled with additional flight frequencies to Hosea Kutako and Walvis Bay International Airports, passenger volumes grew to 1.1 million in 2024. Revenues increased by 6% to N$540 million and recorded a profit after tax of N$9.4 million.
The company has also rolled out the solar panel parking facilities, which supply renewable energy to the Hosea Kutako airport at a lower price and lower carbon footprint.
Hosea Kutako International Airport (HKIA) and Walvis Bay International Airport have secured their long-term certification for international airport operations, while Andimba Toivo Ya Toivo and Eros Airports secured their long-term licenses for domestic airport operations.
The re-certification processes are underway, and engagements have commenced with the Namibia Civil Aviation Authority (NCAA) to ensure Namibia’s airports secure the appropriate certificates and licenses to operate.
The company also expects new services operated by Edelweiss and Proflight to increase connectivity to Zurich and Lusaka next year, ultimately driving passenger volumes and revenue growth higher.
The company has pointed out that carrier engagements with major carriers will continue to unlock new routes for both passenger and cargo. Higher passenger volumes and diversification into cargo will require increased investments, and over the next five years.
Other developments include finalising the land transfers for new terminal buildings at Katima Mulilo, Rundu, and Lüderitz airports.
The company is also digitalising operations to enhance operational efficiency, improve passenger flow and strengthen airport security.
The NAC provides and facilitates essential activities for developing, managing and operating eight airports and aerodromes within Namibia.
Tourism, in particular, has resulted in the attraction of international airlines including Qatar Airways, Ethiopian Airlines, KLM, Condor Airlines and Eurowings for long-haul destinations. This is in addition to the regional airlines serving both business and tourist travel, such as the TAAG Angola Airlines, Airlink and Westair.
In terms of the Namibia Civil Aviation Authority (NCAA), N$562 million was allocated in the 2025 budget for its operations. Namibia Airports Company Limited received an unqualified audit opinion for the fourth consecutive year, with revenues increasing by 6% to N$540 million and a profit after tax of N$9.4 million in the 2024/2025 Financial Year.
