Revival of Uganda Airlines
#1
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Revival of Uganda Airlines
Uganda has purchased 4 new airplanes per todays New Vision newspaper. 4 CRJ100's and two A330's. It will take two years for the A330's to arrive.
Uganda Airlines shut down 17 years ago.
Uganda Airlines shut down 17 years ago.
#3
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#5
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Have they put down a non-refundable hard cash deposit?
Has Uganda airlines (or what ever the new airline is called) got any real money?
#6
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According to Works and Transport minister Eng Monica Ntege Azuba the four aircraft of Bombardier will have 80-100 passenger chauffeur capacity. Government will later purchase two Airbus A330 series 800 wide - twin engine propeller aircraft. These will have a 300 sitting capacity each.
#7
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From what I read, they put down $1.5 million hard cash deposit. But I don't know if that was with Airbus or Bombardier. They said they visited the factories and saw their airplanes being built so that sounds like a direct deal to me. The government has allocated $400 million to the airline plus they will publicly list it for investors. They are already training staff, the article said.
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#9
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Warren Buffet on airlines. http://www.forbes.com/sites/tedreed/.../#1076bc607dc7
Nevertheless, over the past two decades Buffett has made a series of widely reported repudiations of airline investing, including this statement from a 2002 interview with the London newspaper The Telegraph: “If a capitalist had been present at Kitty Hawk back in the early 1900s, he should have shot Orville Wright. He would have saved his progeny money. But seriously, the airline business has been extraordinary. It has eaten up capital over the past century like almost no other business because people seem to keep coming back to it and putting fresh money in. You’ve got huge fixed costs, you’ve got strong labor unions and you’ve got commodity pricing. That is not a great recipe for success. I have an 800 (free call) number now that I call if I get the urge to buy an airline stock. I call at two in the morning and I say: ‘My name is Warren and I’m an aeroholic.’ And then they talk me down.”
#10
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Scheduled to start operating next spring! (if you believe what you read in the papers)
Uganda's National Airline to start flying in March 2019 - National | NTV
Uganda's National Airline to start flying in March 2019 - National | NTV
#11
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Scheduled to start operating next spring! (if you believe what you read in the papers)
Uganda's National Airline to start flying in March 2019 - National | NTV
Uganda's National Airline to start flying in March 2019 - National | NTV
The State Minister of planning David Bahati has revealed that Uganda Airlines will officially be launched between March and April 2019.
<snip>
Its projections were that some Shs1.4 trillion would be good enough to get the project off the ground.
<snip>
Its projections were that some Shs1.4 trillion would be good enough to get the project off the ground.
#12
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Aha, I wasn't aware of this.
Now I see why Uganda feels they have to have an airline. It's one thing that wealthy Kenya has their own airline, and Rwanda, but if Tanzania is getting Dreamliners then that's a line crossed for Uganda.
Now I see why Uganda feels they have to have an airline. It's one thing that wealthy Kenya has their own airline, and Rwanda, but if Tanzania is getting Dreamliners then that's a line crossed for Uganda.
#13
Aha, I wasn't aware of this.
https://twitter.com/BoeingAirplanes/...92375996846080
Now I see why Uganda feels they have to have an airline. It's one thing that wealthy Kenya has their own airline, and Rwanda, but if Tanzania is getting Dreamliners then that's a line crossed for Uganda.
https://twitter.com/BoeingAirplanes/...92375996846080
Now I see why Uganda feels they have to have an airline. It's one thing that wealthy Kenya has their own airline, and Rwanda, but if Tanzania is getting Dreamliners then that's a line crossed for Uganda.
#14
#15