DID KAMPALA EXECUTIVE AVIATION ACQUIRE KAFTC’S ASSETS?
(Posted 28th May 2015)
A Kajjansi based aviation source yesterday evening confirmed a much speculated over acquisition which further consolidates Uganda’s airline sector. From this and previous reports it appears that Kampala Executive Aviation has acquired the assets of the Kampala Aero Club and Flight Training Centre, in short KAFTC and also known as FlyUganda.
The message received read in part as follows:
Start quote:
Phil Gill and Barak Orland, owners of Kampala Executive Aviation www.keaviation.com have acquired the assets of Aero Club www.flyuganda.com, and Kampala Aero Maintenance. The combined companies now constitute Uganda’s largest airline, with 16 airplanes and three helicopters, including two large Bell 412s. Phil and Barak now own two AOCs and 1 AMO. [The] AMO is now Uganda’s largest maintenance facility, serving both of the AOCs, and a range of outside customers as well.
End quote
No comments could be obtained over the space of the past two weeks from the principal owners of KAFTC about the why and where to, if they are to continue flying and actively working with the new organization or perhaps retire and only take to the skies for leisure flying.
Kampala Executive Aviation was formed in 2008 while KAFTC has been around for some considerably longer time having first taken to the skies in the late 1990’s. Both companies are licensed by the Uganda Civil Aviation Authority as air operators while KAFTC also holds licenses as a maintenance and repair organization and a pilots training school.
