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Uganda will borrow from Canadian and European credit agencies to finance acquisitions of Bombardier Inc. and Airbus SE jets to revive its national airline that has ceased to operate. exist for more than 20 years.
Bageya Waiswa, Minister of Public Works and Transportation, said in an interview in the capital, Kampala, Tuesday that airlines such as Ethiopian Airlines Group, Kenya Airways Plc and RwandAir would be competing with airlines. Tanzania and Nigeria have also announced plans to re-establish domestic carriers.
Bombardier announced last week that Uganda plans to acquire four new CRJ900 jet aircraft, while Airbus has signed a memorandum of understanding with the A330neo [19659002] The Ugandan figure for each Bombardier aircraft, including the training of its crew, is $ 27.7 million, while for each Airbus, it is $ 108 million. Airbus deliveries will be funded by agencies in France, the United Kingdom and Germany, Waiswa said.
The delivery of the first CRJ900 jet is scheduled for January and the rest at the end of April, said Minister of Public Works and Transport Monica Ntege Azuba. in Kampala on Tuesday. The long-haul Airbus aircraft manufacturer will be ready in 2020, she said.
Uganda National Airlines Co. to operate as Uganda Airlines and operate its own ground cargo handling unit, said minister while urging officials
Uganda Airlines began operations in 1977 and was liquidated in 2001 under heavy debts. The government says its revival aims to reduce travel costs for Ugandans by improving connectivity and boosting tourism.
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