The Digest:
Air Peace CEO, Allen Onyema, reveals that the airline has not gone public yet because the focus is on building a strong foundation. Onyema addressed the topic during the 2025 League of Airport and Aviation Correspondents (LAAC) conference.
Key Points:
- Onyema confirmed that the airline has received advice to go public but is holding off.
- The decision to remain private is to avoid external pressure that could disrupt Air Peace's philanthropic goals.
- Onyema emphasized his commitment to over 4,000 employees and the long-term legacy of the company.
- The airline plans to go public in the future, but only after a solid foundation is established.
- Onyema also acknowledged that going public could bring in funds, but the company’s focus remains on long-term stability over quick financial gains.
Air Peace's decision to remain private for now is driven by a desire to secure its foundation and ensure its philanthropic efforts remain intact. Going public is in the company’s plans, but only when the time is right.
Sources: TheCable
