Uganda Airlines, which recently reported a Ush237 billion ($66.66 million) loss for the 2023/24 financial year, projects an even wider deficit in the year to June 2025, largely due to start-up costs of new routes and rising costs of maintenance.
The 2023/24 figure, though a 26 percent improvement on the previous year’s losses, triggered uproar in Parliament, which demanded to be informed if the airline would ever become commercially viable.
