Works and Transport minister Monica Azuba-Ntege said on Wednesday that the government has made the initial deposit of around $1.2m (£890,000) for the six passenger planes.
“All this has gone through careful studies and was approved by Cabinet. The Uganda National Airline Company has been registered, an interim board and management appointed and its business plan also approved by Cabinet,” she said yesterday while addressing journalists on the NRM government’s progress in the transport sector.
They are expected to buy four Bombardier CRJ900 passenger jets and two wide-body A330-200 aircraft.
Authorities plan to make money by getting Uganda Airlines to get involved in other sectors, like catering and ground handling.
“The plan is to break even in four to five years,” the minister said.
Uganda Airlines is expected to return to the skies this November.