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Kenya Airways...why ignore..
Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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I am critical of the pilots/KALPA. KAWU too. They want all the benefits without the pain. I still say that "Old KQ" should be put into administration. Form "New KQ" and give it to the creditors. Let New KQ choose what assets it wants. What staff it wants. New negotiations on wages/remuneration. Only debt that New KQ should take on would be asset related eg a plane under a SPV given the plane and its loan are inter-linked. Ditch toxic assets and staff. Let the staff also take a significant ownership stake in New KQ over time. Currently, KALPA and KAWU are bloodsuckers. They are bleeding the taxpayer dry. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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TBT... https://www.the-star.co....iate-to-succeed-ngunze/
Kenya Airways pilots have joined rising chorus for an expatriate to succeed outgoing chief executive Mbuvi Ngunze. Kenya Airline Pilots Association, the influential union for the pilots, says the next KQ boss should have “immense aviation industry experience”. Kenya Airways board chair Michael Joseph has made it clear that the search for the next CEO will be “worldwide”, according to a report in one of the dailies. possunt quia posse videntur
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Rank: New-farer Joined: 5/24/2017 Posts: 44
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VituVingiSana wrote:I am critical of the pilots/KALPA. KAWU too.
They want all the benefits without the pain.
I still say that "Old KQ" should be put into administration. Form "New KQ" and give it to the creditors. Let New KQ choose what assets it wants. What staff it wants. New negotiations on wages/remuneration. Only debt that New KQ should take on would be asset related eg a plane under a SPV given the plane and its loan are inter-linked.
Ditch toxic assets and staff. Let the staff also take a significant ownership stake in New KQ over time.
Currently, KALPA and KAWU are bloodsuckers. They are bleeding the taxpayer dry. The problem with KQ has always been the senior management. These Unions you are bashing have always been on the side of the taxpayer. From the first time project Mawingu was announced who do you think waa the first to oppose it and point out its loopholes? KALPA. But the likes of Naikuni went ahead and this almost collapsed KQ. Ethiopian copied project Mawingu but did a steady growth, staggered aircraft orders, didn't take kickbacks and now they are the biggest in Africa. Who do you think called out the improper practices in various departments? When Ghana offered KQ permission for them to position two aircraft to seeve the Wesr African circuit, who refused? When Nigeria had no qualms with KQ flying the Nigerian direct from Dubai and China to Lagos, who refused? Who run down a profitable cargo section so that another company can grow in its place? Kalpa? KAWU? Before blaming the Unions as bloodsuckers, you should aak around any crew you know the last time they went on leave. Ask the crew planners how many times they have to call people from their day offs. Go to KCAA and ask how many hours the crew, the ground staff are working in a year as opposed to maximum. The truth is that the management has always and will always use pay as an execuse for their failings. When the likes of Naikuni sponsored the formation of CDL as a tool to reduce Cabin crew costs, look at how the onboard servixe levels deteriorated, ask how much was saved from the reduction of the pay-close to nothing. Kenya is a liberalised economy. You can't expect the staff to be paid the same as what Ethiopian pays. You can't survive with that kind of money in Kenya in this kind of job that can not allow you to run a proper side business. And mind you, when kq staff when they go to work there get paid as expatriates far better than what KQ is paying. Even Rwanda air is paying expatriates better than what KQ pays-lets not talk about Emirates and Qatar-those are in another league. For pilots, benefits aside, even Jambojet is paying their Q400 pilots better than what entry level guys at Embraer are being paid KQ needs to grow to make money. Execuses by management will not help. The government needs to decide whether it wants KQ to be private or fully owned. If they want to close it and start a new airline, fine. If they close it kabisa, that's fine also. Life will go on. Jet Airways finally collapsed yesterday with 20000 employees out of work, watakufa?
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Zichi wrote:VituVingiSana wrote:I am critical of the pilots/KALPA. KAWU too.
They want all the benefits without the pain.
I still say that "Old KQ" should be put into administration. Form "New KQ" and give it to the creditors. Let New KQ choose what assets it wants. What staff it wants. New negotiations on wages/remuneration. Only debt that New KQ should take on would be asset related eg a plane under a SPV given the plane and its loan are inter-linked.
Ditch toxic assets and staff. Let the staff also take a significant ownership stake in New KQ over time.
Currently, KALPA and KAWU are bloodsuckers. They are bleeding the taxpayer dry. The problem with KQ has always been the senior management. These Unions you are bashing have always been on the side of the taxpayer. From the first time project Mawingu was announced who do you think waa the first to oppose it and point out its loopholes? KALPA. But the likes of Naikuni went ahead and this almost collapsed KQ. Ethiopian copied project Mawingu but did a steady growth, staggered aircraft orders, didn't take kickbacks and now they are the biggest in Africa. Who do you think called out the improper practices in various departments? When Ghana offered KQ permission for them to position two aircraft to seeve the Wesr African circuit, who refused? When Nigeria had no qualms with KQ flying the Nigerian direct from Dubai and China to Lagos, who refused? Who run down a profitable cargo section so that another company can grow in its place? Kalpa? KAWU? Before blaming the Unions as bloodsuckers, you should aak around any crew you know the last time they went on leave. Ask the crew planners how many times they have to call people from their day offs. Go to KCAA and ask how many hours the crew, the ground staff are working in a year as opposed to maximum. The truth is that the management has always and will always use pay as an execuse for their failings. When the likes of Naikuni sponsored the formation of CDL as a tool to reduce Cabin crew costs, look at how the onboard servixe levels deteriorated, ask how much was saved from the reduction of the pay-close to nothing. Kenya is a liberalised economy. You can't expect the staff to be paid the same as what Ethiopian pays. You can't survive with that kind of money in Kenya in this kind of job that can not allow you to run a proper side business. And mind you, when kq staff when they go to work there get paid as expatriates far better than what KQ is paying. Even Rwanda air is paying expatriates better than what KQ pays-lets not talk about Emirates and Qatar-those are in another league. For pilots, benefits aside, even Jambojet is paying their Q400 pilots better than what entry level guys at Embraer are being paid KQ needs to grow to make money. Execuses by management will not help. The government needs to decide whether it wants KQ to be private or fully owned. If they want to close it and start a new airline, fine. If they close it kabisa, that's fine also. Life will go on. Jet Airways finally collapsed yesterday with 20000 employees out of work, watakufa? How the mighty fall... I rem KQ used to sponsor golf tournaments in SA... Smh pesa ilikuwa mingi those days... possunt quia posse videntur
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Rank: Veteran Joined: 6/8/2010 Posts: 1,734
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Zichi wrote:VituVingiSana wrote:I am critical of the pilots/KALPA. KAWU too.
They want all the benefits without the pain.
I still say that "Old KQ" should be put into administration. Form "New KQ" and give it to the creditors. Let New KQ choose what assets it wants. What staff it wants. New negotiations on wages/remuneration. Only debt that New KQ should take on would be asset related eg a plane under a SPV given the plane and its loan are inter-linked.
Ditch toxic assets and staff. Let the staff also take a significant ownership stake in New KQ over time.
Currently, KALPA and KAWU are bloodsuckers. They are bleeding the taxpayer dry. The problem with KQ has always been the senior management. These Unions you are bashing have always been on the side of the taxpayer. From the first time project Mawingu was announced who do you think waa the first to oppose it and point out its loopholes? KALPA. But the likes of Naikuni went ahead and this almost collapsed KQ. Ethiopian copied project Mawingu but did a steady growth, staggered aircraft orders, didn't take kickbacks and now they are the biggest in Africa. Who do you think called out the improper practices in various departments? When Ghana offered KQ permission for them to position two aircraft to seeve the Wesr African circuit, who refused? When Nigeria had no qualms with KQ flying the Nigerian direct from Dubai and China to Lagos, who refused? Who run down a profitable cargo section so that another company can grow in its place? Kalpa? KAWU? Before blaming the Unions as bloodsuckers, you should aak around any crew you know the last time they went on leave. Ask the crew planners how many times they have to call people from their day offs. Go to KCAA and ask how many hours the crew, the ground staff are working in a year as opposed to maximum. The truth is that the management has always and will always use pay as an execuse for their failings. When the likes of Naikuni sponsored the formation of CDL as a tool to reduce Cabin crew costs, look at how the onboard servixe levels deteriorated, ask how much was saved from the reduction of the pay-close to nothing. Kenya is a liberalised economy. You can't expect the staff to be paid the same as what Ethiopian pays. You can't survive with that kind of money in Kenya in this kind of job that can not allow you to run a proper side business. And mind you, when kq staff when they go to work there get paid as expatriates far better than what KQ is paying. Even Rwanda air is paying expatriates better than what KQ pays-lets not talk about Emirates and Qatar-those are in another league. For pilots, benefits aside, even Jambojet is paying their Q400 pilots better than what entry level guys at Embraer are being paid KQ needs to grow to make money. Execuses by management will not help. The government needs to decide whether it wants KQ to be private or fully owned. If they want to close it and start a new airline, fine. If they close it kabisa, that's fine also. Life will go on. Jet Airways finally collapsed yesterday with 20000 employees out of work, watakufa? Zichi unakaa na machungu kwani wewe ni wa Unions ama? the only way to deal with KQ is reduce staff costs as simple as that Life is an endless adventure
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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freiks wrote:Zichi wrote:VituVingiSana wrote:I am critical of the pilots/KALPA. KAWU too.
They want all the benefits without the pain.
I still say that "Old KQ" should be put into administration. Form "New KQ" and give it to the creditors. Let New KQ choose what assets it wants. What staff it wants. New negotiations on wages/remuneration. Only debt that New KQ should take on would be asset related eg a plane under a SPV given the plane and its loan are inter-linked.
Ditch toxic assets and staff. Let the staff also take a significant ownership stake in New KQ over time.
Currently, KALPA and KAWU are bloodsuckers. They are bleeding the taxpayer dry. The problem with KQ has always been the senior management. These Unions you are bashing have always been on the side of the taxpayer. From the first time project Mawingu was announced who do you think waa the first to oppose it and point out its loopholes? KALPA. But the likes of Naikuni went ahead and this almost collapsed KQ. Ethiopian copied project Mawingu but did a steady growth, staggered aircraft orders, didn't take kickbacks and now they are the biggest in Africa. Who do you think called out the improper practices in various departments? When Ghana offered KQ permission for them to position two aircraft to seeve the Wesr African circuit, who refused? When Nigeria had no qualms with KQ flying the Nigerian direct from Dubai and China to Lagos, who refused? Who run down a profitable cargo section so that another company can grow in its place? Kalpa? KAWU? Before blaming the Unions as bloodsuckers, you should aak around any crew you know the last time they went on leave. Ask the crew planners how many times they have to call people from their day offs. Go to KCAA and ask how many hours the crew, the ground staff are working in a year as opposed to maximum. The truth is that the management has always and will always use pay as an execuse for their failings. When the likes of Naikuni sponsored the formation of CDL as a tool to reduce Cabin crew costs, look at how the onboard servixe levels deteriorated, ask how much was saved from the reduction of the pay-close to nothing. Kenya is a liberalised economy. You can't expect the staff to be paid the same as what Ethiopian pays. You can't survive with that kind of money in Kenya in this kind of job that can not allow you to run a proper side business. And mind you, when kq staff when they go to work there get paid as expatriates far better than what KQ is paying. Even Rwanda air is paying expatriates better than what KQ pays-lets not talk about Emirates and Qatar-those are in another league. For pilots, benefits aside, even Jambojet is paying their Q400 pilots better than what entry level guys at Embraer are being paid KQ needs to grow to make money. Execuses by management will not help. The government needs to decide whether it wants KQ to be private or fully owned. If they want to close it and start a new airline, fine. If they close it kabisa, that's fine also. Life will go on. Jet Airways finally collapsed yesterday with 20000 employees out of work, watakufa? Zichi unakaa na machungu kwani wewe ni wa Unions ama? the only way to deal with KQ is reduce staff costs as simple as that Try cockpit crew my friend...  Hi Zichi... 😎😎 possunt quia posse videntur
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Rank: Member Joined: 6/15/2013 Posts: 301
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maka wrote:Zichi wrote:VituVingiSana wrote:I am critical of the pilots/KALPA. KAWU too.
They want all the benefits without the pain.
I still say that "Old KQ" should be put into administration. Form "New KQ" and give it to the creditors. Let New KQ choose what assets it wants. What staff it wants. New negotiations on wages/remuneration. Only debt that New KQ should take on would be asset related eg a plane under a SPV given the plane and its loan are inter-linked.
Ditch toxic assets and staff. Let the staff also take a significant ownership stake in New KQ over time.
Currently, KALPA and KAWU are bloodsuckers. They are bleeding the taxpayer dry. The problem with KQ has always been the senior management. These Unions you are bashing have always been on the side of the taxpayer. From the first time project Mawingu was announced who do you think waa the first to oppose it and point out its loopholes? KALPA. But the likes of Naikuni went ahead and this almost collapsed KQ. Ethiopian copied project Mawingu but did a steady growth, staggered aircraft orders, didn't take kickbacks and now they are the biggest in Africa. Who do you think called out the improper practices in various departments? When Ghana offered KQ permission for them to position two aircraft to seeve the Wesr African circuit, who refused? When Nigeria had no qualms with KQ flying the Nigerian direct from Dubai and China to Lagos, who refused? Who run down a profitable cargo section so that another company can grow in its place? Kalpa? KAWU? Before blaming the Unions as bloodsuckers, you should aak around any crew you know the last time they went on leave. Ask the crew planners how many times they have to call people from their day offs. Go to KCAA and ask how many hours the crew, the ground staff are working in a year as opposed to maximum. The truth is that the management has always and will always use pay as an execuse for their failings. When the likes of Naikuni sponsored the formation of CDL as a tool to reduce Cabin crew costs, look at how the onboard servixe levels deteriorated, ask how much was saved from the reduction of the pay-close to nothing. Kenya is a liberalised economy. You can't expect the staff to be paid the same as what Ethiopian pays. You can't survive with that kind of money in Kenya in this kind of job that can not allow you to run a proper side business. And mind you, when kq staff when they go to work there get paid as expatriates far better than what KQ is paying. Even Rwanda air is paying expatriates better than what KQ pays-lets not talk about Emirates and Qatar-those are in another league. For pilots, benefits aside, even Jambojet is paying their Q400 pilots better than what entry level guys at Embraer are being paid KQ needs to grow to make money. Execuses by management will not help. The government needs to decide whether it wants KQ to be private or fully owned. If they want to close it and start a new airline, fine. If they close it kabisa, that's fine also. Life will go on. Jet Airways finally collapsed yesterday with 20000 employees out of work, watakufa? How the mighty fall... I rem KQ used to sponsor golf tournaments in SA... Smh pesa ilikuwa mingi those days... Hehe....even here in Kenya there used to be the KQ Golf safari. Used to be very big tournaments countrywide to look forward to. No more due to budget issues 
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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Zichi wrote:VituVingiSana wrote:I am critical of the pilots/KALPA. KAWU too.
They want all the benefits without the pain.
I still say that "Old KQ" should be put into administration. Form "New KQ" and give it to the creditors. Let New KQ choose what assets it wants. What staff it wants. New negotiations on wages/remuneration. Only debt that New KQ should take on would be asset related eg a plane under a SPV given the plane and its loan are inter-linked.
Ditch toxic assets and staff. Let the staff also take a significant ownership stake in New KQ over time.
Currently, KALPA and KAWU are bloodsuckers. They are bleeding the taxpayer dry. The problem with KQ has always been the senior management. These Unions you are bashing have always been on the side of the taxpayer. From the first time project Mawingu was announced who do you think waa the first to oppose it and point out its loopholes? KALPA. But the likes of Naikuni went ahead and this almost collapsed KQ. Ethiopian copied project Mawingu but did a steady growth, staggered aircraft orders, didn't take kickbacks and now they are the biggest in Africa. Who do you think called out the improper practices in various departments? When Ghana offered KQ permission for them to position two aircraft to seeve the Wesr African circuit, who refused? When Nigeria had no qualms with KQ flying the Nigerian direct from Dubai and China to Lagos, who refused? Who run down a profitable cargo section so that another company can grow in its place? Kalpa? KAWU? Before blaming the Unions as bloodsuckers, you should aak around any crew you know the last time they went on leave. Ask the crew planners how many times they have to call people from their day offs. Go to KCAA and ask how many hours the crew, the ground staff are working in a year as opposed to maximum. The truth is that the management has always and will always use pay as an execuse for their failings. When the likes of Naikuni sponsored the formation of CDL as a tool to reduce Cabin crew costs, look at how the onboard servixe levels deteriorated, ask how much was saved from the reduction of the pay-close to nothing. Kenya is a liberalised economy. You can't expect the staff to be paid the same as what Ethiopian pays. You can't survive with that kind of money in Kenya in this kind of job that can not allow you to run a proper side business. And mind you, when kq staff when they go to work there get paid as expatriates far better than what KQ is paying. Even Rwanda air is paying expatriates better than what KQ pays-lets not talk about Emirates and Qatar-those are in another league. For pilots, benefits aside, even Jambojet is paying their Q400 pilots better than what entry level guys at Embraer are being paidKQ needs to grow to make money. Execuses by management will not help. The government needs to decide whether it wants KQ to be private or fully owned. If they want to close it and start a new airline, fine. If they close it kabisa, that's fine also. Life will go on. Jet Airways finally collapsed yesterday with 20000 employees out of work, watakufa? 1) If it is liberalized then nothing stops KQ's staff from quitting if they feel they are under-paid. 2) KQ doesn't owe anyone a livelihood. There are millions of Kenyan taxpayers in jobs that remunerate less than KQ. 3) Then move to Rwanda/Qatar/Emirates. 4) There's value for experience. Newbies cost money to train. Move to JJ if it pays better. If they want to close it and start a new airline, fine. If they close it kabisa, that's fine also. I agree 100%. I believe the "New KQ" should have a strong ownership representation by labor. Let them own the capital too. Not for free but earned. Plus allow competition from other (local) airlines so everyone stays on their toes. The customer should be king. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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obiero wrote:rwitre wrote:Let's see how wrong "experienced NSE investors" can be. I'll use bitcoin, which an elder has called takataka some time back, while strongly vouching for KQ.
As of 16th March 2019,
KQ price per share: Sh. 5.56
BTC price: $3984
Will compare percentage increase/decrease after a year.
My opinion for the minority shareholders trapped in KQ: You can sell, take the loss, and plough all that cash into some BTC. It will recoup your costs, and earn you a tidy profit.
Plus let's face it-at this point KQ is just frustrating y'all (yes, even more than those in BTC with its wild price swings). So many blindspots, hidden players calling the shots, still in loss territory, and minority shareholders not knowing who is looking out for their interests.
But am not a prophet, so let's check back in a year.
Ni hayo tu kwa sasa. Wewe I bet you 10,000 taslim. KQ will touch KES 15 before mid next year 5 weeks later. BTC @ 5290 (about 32% higher) KQ @ 5 (about 10% lower) We still wait for the end of the year. Again we remind you to board before the rally gains steam. Recover your money and put KQ behind you (or remain with a 1/40 millionth stake like every other Kenyan  )
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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rwitre wrote:obiero wrote:rwitre wrote:Let's see how wrong "experienced NSE investors" can be. I'll use bitcoin, which an elder has called takataka some time back, while strongly vouching for KQ.
As of 16th March 2019,
KQ price per share: Sh. 5.56
BTC price: $3984
Will compare percentage increase/decrease after a year.
My opinion for the minority shareholders trapped in KQ: You can sell, take the loss, and plough all that cash into some BTC. It will recoup your costs, and earn you a tidy profit.
Plus let's face it-at this point KQ is just frustrating y'all (yes, even more than those in BTC with its wild price swings). So many blindspots, hidden players calling the shots, still in loss territory, and minority shareholders not knowing who is looking out for their interests.
But am not a prophet, so let's check back in a year.
Ni hayo tu kwa sasa. Wewe I bet you 10,000 taslim. KQ will touch KES 15 before mid next year 5 weeks later. BTC @ 5290 (about 32% higher) KQ @ 5 (about 10% lower) We still wait for the end of the year. Again we remind you to board before the rally gains steam. Recover your money and put KQ behind you (or remain with a 1/40 millionth stake like every other Kenyan ) 1/50,000,000 now. So that's another 25% dilution! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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rwitre wrote:obiero wrote:rwitre wrote:Let's see how wrong "experienced NSE investors" can be. I'll use bitcoin, which an elder has called takataka some time back, while strongly vouching for KQ.
As of 16th March 2019,
KQ price per share: Sh. 5.56
BTC price: $3984
Will compare percentage increase/decrease after a year.
My opinion for the minority shareholders trapped in KQ: You can sell, take the loss, and plough all that cash into some BTC. It will recoup your costs, and earn you a tidy profit.
Plus let's face it-at this point KQ is just frustrating y'all (yes, even more than those in BTC with its wild price swings). So many blindspots, hidden players calling the shots, still in loss territory, and minority shareholders not knowing who is looking out for their interests.
But am not a prophet, so let's check back in a year.
Ni hayo tu kwa sasa. Wewe I bet you 10,000 taslim. KQ will touch KES 15 before mid next year 5 weeks later. BTC @ 5290 (about 32% higher) KQ @ 5 (about 10% lower) We still wait for the end of the year. Again we remind you to board before the rally gains steam. Recover your money and put KQ behind you (or remain with a 1/40 millionth stake like every other Kenyan ) KQ to Bitcoin is frying pan to the fire, moreso if not a an experienced Bitcoin trader. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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sparkly wrote:rwitre wrote:obiero wrote:rwitre wrote:Let's see how wrong "experienced NSE investors" can be. I'll use bitcoin, which an elder has called takataka some time back, while strongly vouching for KQ.
As of 16th March 2019,
KQ price per share: Sh. 5.56
BTC price: $3984
Will compare percentage increase/decrease after a year.
My opinion for the minority shareholders trapped in KQ: You can sell, take the loss, and plough all that cash into some BTC. It will recoup your costs, and earn you a tidy profit.
Plus let's face it-at this point KQ is just frustrating y'all (yes, even more than those in BTC with its wild price swings). So many blindspots, hidden players calling the shots, still in loss territory, and minority shareholders not knowing who is looking out for their interests.
But am not a prophet, so let's check back in a year.
Ni hayo tu kwa sasa. Wewe I bet you 10,000 taslim. KQ will touch KES 15 before mid next year 5 weeks later. BTC @ 5290 (about 32% higher) KQ @ 5 (about 10% lower) We still wait for the end of the year. Again we remind you to board before the rally gains steam. Recover your money and put KQ behind you (or remain with a 1/40 millionth stake like every other Kenyan ) KQ to Bitcoin is frying pan to the fire, moreso if not a an experienced Bitcoin trader. I think @rwitre is suggesting that anything is better than KQ! *No, I have little idea on the dynamics of BTC and I am not suggesting nor recommending an investment in BTC. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Full Year 2018 Results when are they being released? Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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Ericsson wrote:Full Year 2018 Results when are they being released? I also need to know
KQ ABP 4.26
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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More competition on the way.... https://www.theeastafric...83684-iuuik5/index.html
Quote:Uganda has received two bombardier CRJ900 jets as part of its plan to revive national carrier Uganda Airlines, which was grounded almost two decades ago.
The two aircraft touched down at the Entebbe International Airport at 9.55am (0655GMT) on Tuesday morning, with President Yoweri Museveni gracing the ceremony.
The event, marked by ululations, chants and dances, signals the official revival of Uganda Airlines that was liquidated in 2001.
The Ugandan government paid Ush280 billion ($74.8 million) for the two planes through a supplementary budget approval by Parliament.
The revival of the national carrier has divided opinions with some government technocrats, including some at the Central Bank opposing it.
However, the government maintained it needed a carrier to promote tourism and ensure national pride.
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