Uganda government plans to acquire four CRJ900s from Bombardier by December 2018 for defunct Uganda Airlines, which the government plans to revive.
Uganda Airlines, which was grounded in 2002, plans to break even in four to five years once it begins operations in late 2018, according to its business plan.
The government also plans to achieve profitability by setting up subsidiaries and offering additional services, such as ground handling, catering, and maintenance.
The carrier's fleet will grow further with the purchase of two A330-800neos, as Uganda already committed US$1.2 million to both Bombardier and Airbus for the six aircraft.
Routes will start to neighboring countries, such as Kenya, and to those countries that Uganda has bilateral agreements with.
Although fully-owned from the start, Uganda Airlines plans to partially privatize the carrier down the road.
Talks with investors are still in progress.