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Uganda to Get National Airline.
(From New Vision (Uganda) - AAGM)
Byline: John Odyek
Uganda has entered into an agreement with South African-based Arch Airways to form an airline company that will become the national flag-carrier, reviving hopes that there will be a new flying crane on the runways.
The airline company, Victoria International Airline Uganda, has been registered and is expected to be in the sky by early next year.
Prof. Semakula Kiwanuka, the state minister for finance, told journalists yesterday that Uganda would be a 25% shareholder in the national carrier.
He said the Government would contribute US$250,000 (about sh500m) for the shares. This …
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