South African airline Airlink is acquiring 40% strategic equity holding in privately-owned Namibian airline FlyNamibia at an undisclosed monetary sum. The investment is underpinned by a commercial franchise agreement under which FlyNamibia will adopt Airlink's "4Z" International Air Transport Association (IATA) designator for its ticket sales and scheduled flights, while retaining its corporate identity, brand and aircraft livery. It will also see FlyNamibia's inventory attaining higher visibility and being promoted on Airlink's computerised reservation system and on those of Airlink's international partner airlines. According to the press release, the changes will come into effect as soon as practicable, after which all existing bookings for FlyNamibia flights will be amended at no cost or inconvenience to customers. Airlink will also provide additional airline operations, technical and commercial skills training and development support for FlyNamibia. The two airlines will optimise their schedules to provide connections between their respective flights and with long-haul inter-continental flights provided by Airlink's other commercial partner airlines.
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