Allen Onyema, chairman and CEO of Air Peace, says the airline has chosen to delay going public in order to build a stronger foundation and preserve its long-term vision.
Speaking on a panel at the 2025 League of Airport and Aviation Correspondents (LAAC) conference, Onyema said the decision was not driven by lack of investor interest, but by a desire to maintain control and protect the interests of staff and stakeholders.
“We want to build a legacy that will stand the test of time,” he said. “If it is about money, I would have done that [list listing] a long time ago. I would have gone to the public, maybe made money as some people advised me, and walked away. It is not about that. I am thinking about over 4,000 people who are working with Air Peace today.”