Uganda to Borrow From Overseas to Revive National Airline

Uganda will borrow from Canadian and European credit agencies to fund jet acquisitions from Bombardier Inc. and Airbus SE to revive its national airline that’s been defunct for more than two decades.

Skift Take: Maintaining a national carrier has already proven too difficult in some parts of Africa. Hopefully Ugandan Airlines can learn from the success of competitors like Ethiopian Airlines.

— Sarah Enelow-Snyder

Read the Complete Story On Skift