Uganda Airlines to Clear Shs 29 Billion Fuel Debt Owed to Dubai Supplier.

Uganda Airlines has announced plans to clear an outstanding fuel debt of approximately Shs 29 billion (about $8 million) owed to a Dubai-based supplier, Mixjet.

The airline clarified that contrary to earlier reports suggesting the debt stood at $10 million (around Shs 37 billion), the actual amount owed is $8 million.

In a statement, the national carrier expressed its appreciation for the credit facilities extended by Mixjet over time, which have allowed Uganda Airlines to maintain its operations despite financial constraints. However, the airline also expressed dissatisfaction with the supplier’s decision to bring the matter to mainstream media, stressing that it finds the public airing of the issue unacceptable.

The airline is currently working on settling the debt, with plans in place to ensure the financial obligations are met in a timely manner. Uganda Airlines has reassured stakeholders that it remains committed to resolving all outstanding financial matters and maintaining strong, professional relationships with its suppliers.

This move comes at a time when Uganda Airlines is focusing on improving its financial standing and sustaining its operations, amidst challenges in the aviation sector. The airline’s management remains optimistic that clearing this debt will pave the way for more favorable credit terms and greater stability in the future.

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