RwandAir
Stock performance
History
RwandAir was founded in 2002 as Rwandair Express and rebranded in 2009. Owned by the government, it has expanded aggressively to make Kigali a regional aviation hub, with routes across Africa and to Europe and the Middle East.
Business model
RwandAir operates passenger and cargo flights from Kigali, using a modern fleet that includes Airbus A330s and Boeing 737s, and depends heavily on connecting traffic and government support.
Market position
RwandAir is one of the faster-growing airlines in Africa, competing with larger carriers such as Ethiopian Airlines and Kenya Airways.
Country impact
RwandAir is a key part of Rwanda's strategy to grow tourism, conferences, and business services, and a new international airport at Bugesera is being built with Qatari investment to support that ambition.