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Ugandan airline runs off with government money

September 10, 2009 — , , , , , , , , ,

 

Boeing 737-244 ZS-SIG (msn 22586) was painted in this attractive livery. The airframe is currently stored at Cape Town.  Copyright Photo: www.afavia-fotos.co.za.

Boeing 737-244 ZS-SIG (msn 22586) was painted in this attractive livery. The airframe is currently stored at Cape Town. Copyright Photo: www.afavia-fotos.co.za.

Victoria International Airways (VIAuganda.com) (Entebbe) was a Ugandan airline in 2006 and 2007. It was proposing to become the Ugandan flag carrier and planned to operate Boeing 737-200s. One 737 was actually painted and two were leased and  operated. Operations started on October 1, 2006 but quickly ended on January 10, 2007. It appears the government’s investment money of $250,000 for 20 percent of the stock is now gone.

 

News link:

allafrica.com/stories/200909100290.html

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