Uganda Airlines’ growth leap
The latest report from the International Air Transport Association ( IATA) shows passenger demand hit an all time high in September, a period that’s traditionally strong or the travel and tourism industry. African airlines saw a 11.9 per cent jump in demand in September compared to the previous year, with capacity and the load factor also improving. CNBC Africa is joined by Monica Rubombora, Country Manager, Uganda Airlines, South Africa.
Fri, 01 Nov 2024 11:00:19 GMT
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AI Generated Summary
- Uganda Airlines has exhibited steady growth in demand, capacity, and load factors, signaling resilience and recovery post-COVID-19.
- The airline's strategic shift to the A320 aircraft from the CRJ900 has bolstered network expansion and service to 16 destinations.
- Focus on expanding passenger and cargo operations, introduction of new routes, and partnerships align with Uganda Airlines' vision for sustained growth and market competitiveness.
Uganda Airlines, the national carrier of Uganda, has been making significant strides in its growth trajectory, aiming towards profitability and expansion despite the challenges posed by the COVID-19 pandemic. Monica Rubombora, the Country Manager of Uganda Airlines in South Africa, revealed in an interview with CNBC Africa that the airline has seen a remarkable increase in demand, capacity, and load factors, marking a positive trend in the aviation industry. The latest report from the International Air Transport Association (IATA) indicated a substantial 11.9 per cent jump in passenger demand for African airlines in September compared to the previous year, showcasing the sector's resilience and recovery. Rubombora highlighted the airline's journey since resuming operations in 2021 amidst the pandemic, emphasizing the steady growth from a few flights a day to daily flights and improved load factors nearing 60s. The strategic shift to utilizing the A320 aircraft from the CRJ900 signified enhanced capacity and network expansion, with Uganda Airlines now servicing 16 destinations. Reflecting on the airline's 10-year expansion plan to reach profitability, Rubombora underscored the significance of government ownership in driving infrastructural development and enhancing accessibility for goods and services. The focus on expanding both passenger and cargo operations aligns with the airline's vision to foster trade opportunities and stimulate economic growth in Uganda and beyond. Plans to introduce new routes, such as London and Guangzhou, coupled with investments in cargo-specific aircraft, demonstrate Uganda Airlines' commitment to tapping into underserved markets and strengthening its market position. The forthcoming implementation of free trade agreements and strategic partnerships underscore the airline's strategic positioning to leverage regional and international opportunities for sustained growth and competitiveness. Despite the competitive landscape in the aviation industry, Uganda Airlines remains steadfast in its commitment to excellence, emphasizing service quality, operational reliability, and competitive pricing as key differentiators. With an open-market approach and a clear focus on customer satisfaction, Uganda Airlines aims to carve a niche for itself in the highly competitive aviation industry, setting the stage for sustainable growth and long-term profitability.