KAMPALA (Xinhua) --
Ugandan President Yoweri Museveni has said the
country has finalized plans to revamp its national airline
carrier in a bid to save millions of U.S. dollars spent by
citizens per year to travel on other carriers.
in his New Year message late on Saturday said the move to
re-establish the defunct Uganda Airlines will reduce the
financial "hemorrhage" to other airlines by Ugandans and those
traveling to Uganda.
In June last year Museveni directed the minister for works
and transport to conclude discussions with investors to revamp
the airline as a matter of urgency.
Museveni said the country could save 420 million dollars
citizens spend on air travel per year.
Uganda Airlines was established in 1976 but liquidated in
2001 over a more than six million dollar debt.
There has been public debate over the commercial viability of
revamping Uganda Airlines in the face of stiff competition from
other airlines operating in the region.