Uganda Airlines has marked a significant growth trajectory in its first five years of operation, with cumulative revenues surpassing Shs 1.2 trillion, according to Chief Executive Officer Jenifer Bamuturaki.
Appearing before the Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) to respond to queries raised in the 2024 Auditor General’s report, Bamuturaki detailed how the national carrier has steadily expanded despite facing unprecedented global headwinds.
From Modest Start to Trillion-Shilling Turnover
When Uganda Airlines commenced operations in 2019, its annual revenue stood at Shs 28.5 billion. Over time, the figure has grown consistently, demonstrating resilience and an ability to withstand economic shocks such as the COVID-19 pandemic that grounded global aviation.
“Uganda Airlines has noted a significant increase in revenues. If we look at our revenues from the time the airline was started in 2019 … cumulatively up to the last financial year, we made Shs 1.2 trillion. That shows a growth pattern,” Bamuturaki told lawmakers.
Expanding Routes and Building Regional Trust
The airline’s growth has been supported by a deliberate expansion strategy. Uganda Airlines has steadily opened new regional and international routes, positioning Entebbe as a reliable hub for both business and leisure travelers.
From regional connections within East and Central Africa to long-haul flights to destinations such as London, Dubai, Mumbai, Lagos, and Johannesburg, the airline is working to integrate Uganda into global trade and tourism circuits.
This growth, Bamuturaki noted, has been underpinned by increasing passenger numbers, stronger partnerships with international carriers, and confidence among the traveling public.
Navigating Challenges
Like many global airlines, Uganda Airlines faced turbulence during the pandemic when travel restrictions curtailed operations. However, the CEO highlighted that management made strategic adjustments to control costs, preserve jobs, and prepare for post-pandemic recovery.
The airline has also had to contend with public scrutiny regarding governance, efficiency, and profitability. Bamuturaki reassured Parliament that management is committed to improving transparency, operational efficiency, and compliance with both local and international aviation standards.
Outlook: A Vision for Sustainability
Looking ahead, Uganda Airlines aims to strengthen its fleet capacity, improve service delivery, and broaden its international footprint. The focus remains on achieving sustainable profitability while supporting Uganda’s broader goals in tourism, trade, and investment.
“The airline is more than a business; it is a strategic asset that promotes Uganda as a destination and supports our economy,” Bamuturaki emphasized.
Five years on, Uganda Airlines is no longer just a fledgling carrier but a national brand steadily gaining recognition across Africa and beyond. With a Shs 1.2 trillion revenue milestone achieved and a growing route network, the airline’s next chapter will hinge on efficiency, innovation, and long-term sustainability.
