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Uganda Airlines now 90% self-sustaining

This growth accelerated in the 2023-2024 year, with the airline's revenue jumping by 54%, rising from $63 million to $97 million.
Uganda Airlines A330-800
Uganda Airlines A330-800

Uganda Airlines is on track to financial independence, with a substantial increase in its revenue generation over the past two years. 

In the 2022-2023 fiscal year, the airline saw a 29% growth in its revenue. 

This growth accelerated in the 2023-2024 year, with the airline's revenue jumping by 54%, rising from $63 million to $97 million.

This success has been driven primarily by internally generated revenue, including ticket sales and cargo services, highlighting Uganda Airlines' strong performance and positive trajectory.

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Adedayo Olawuyi, the airline's Chief Commercial Officer, told the national broadcaster UBC, "We are presently generating 90% of what we are expending, and what we are getting from the government comes in only to support our operations because the aviation industry is very cost-intensive." 

This achievement marks a major milestone as Uganda Airlines approaches the point where it can sustain itself entirely through its own operations, without relying on substantial government subsidies.

Uganda Airlines A330

Expansion into Global Markets with the London Gatwick Route

In addition to its financial growth, Uganda Airlines is expanding its international network, with a new route to London Gatwick set to launch in May 2025. 

The airline will operate direct flights between Entebbe International Airport and London Gatwick four times a week, using its Airbus A330-800neo aircraft. This new route is a significant development, re-establishing a direct air link between Uganda and the United Kingdom for the first time in nearly a decade.

This expansion strengthens Uganda Airlines' global presence, offering enhanced connectivity for trade, tourism, and investment between Uganda and the UK. 

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