Subscribe
Latest news about Africa
  • Login
No Result
View All Result
  • Home
  • Crypto News
  • Finance
  • Security News
  • Artificial Intelligence
  • Diaspora Voice
  • Terms And Conditions
  • About us
  • Home
  • Crypto News
  • Finance
  • Security News
  • Artificial Intelligence
  • Diaspora Voice
  • Terms And Conditions
  • About us
No Result
View All Result
Latest news about Africa
No Result
View All Result
Home Business

Air Peace CEO, Onyema Brags About Govt Backing

Nigerian government has supported its own, as it is in full support of Air Peace operations the UK.

Adeluola Abiola by Adeluola Abiola
April 10, 2024
in Business, News, World
12 4
0
Air Peace CEO, Onyema Brags About Govt Backing
31
SHARES
957
VIEWS
Share on FacebookShare on Twitter

Allen Onyema, the Chief Executive Officer (CEO) of Air Peace, has bragged that he has the backing of the Nigerian government, expressing gratitude to President Bola Tinubu and the Minister of Aviation, Festus Keyamo.

Tinubu, and Keyamo, according to Onyema, are solidly behind Air Peace even as the airline enters international flights to the United Kingdom (UK).

Onyema showed his appreciation during an exclusive interview on the Channels TV evening program, Politics Today, where he shared insights into his airline’s experience after launching the Lagos-London route.

During the interview, he went on to berate foreign airlines operating the Nigeria-UK route for allegedly frustrating and sending Air Peace out of international operations by slashing flight prices on the route.

The CEO of Air Peace pointed out that before his airline entered the Nigeria-UK route, foreign airlines charged exorbitant prices, with business class tickets costing as much as N17 million and economy class going to N5 million, attributing these high fares to the exchange rate.

Onyema claimed that just weeks after his airline started operating on the Lagos-London route, the same foreign airlines drastically reduced their fares in an attempt to oust Air Peace, even though there was no significant change in the exchange rate between the dollar and the Naira.

Onyema expanded on the matter, stating that international airlines are colluding to reduce their ticket prices to levels that are lower than their operational costs. According to him, they resorted to doing this to force Air Peace out of the Nigeria-UK route. He cautioned that if these foreign airlines achieve their goal, Nigerians would be subjected to significantly higher fares compared to the existing rates.

Although Onyema expressed gratitude for the support received from the Federal Government, particularly from Festus Keyamo, the Minister of Aviation and Aerospace Development, in the successful launch of Air Peace’s Lagos-London route, he urged the government to take further action.

In his words, he stated; “It is a very devilish conspiracy.
“All of a sudden, airlines are underpricing.
“The idea is to take Air Peace out.
“The moment they succeed in taking Air Peace out, Nigerian will pay 20 times over,”

He emphasized the necessity of taking action against international airlines that are reducing prices below their break-even levels, with the intention of pushing Air Peace out of the Nigeria-UK route ahead of schedule.

READ ALSO: Dr Arikana, Enabulele, Others Team Up For Ubuntu Awakening Summit

Onyema also used the opportunity to invite other Nigerian airlines to join the Nigeria-UK route to break the monopoly hitherto enjoyed by foreign carriers operating into the four major gateway airports of Lagos, Abuja, Kano, and Port Harcourt.

“I invite other Nigerian airlines to join the fray, let them come, let all of us do international operations. Yes, international aero politics is very dirty but somebody must pay the price,” he said.

Onyema proposed that the government consider lowering Air Peace’s operational fees in order to give the airline a stronger position to compete with foreign carriers supported by their respective governments.

Back story

On the 30th of March 2024, Air Peace reciprocated what could be described as the lopsided Bilateral Air Service Agreement (BASA) between Nigeria and the United Kingdom when the local airline began direct flight operations from Lagos to Gatwick Airport in London.

Festus Keyamo, Nigeria’s Minister of Aviation, and his counterpart at the Trade and Investment Ministry, Doris Uzoka-Anita, were onboard the inaugural Lagos-London flight alongside businessmen and women.

Many industry observers have applauded Air Peace and encouraged more local airlines to commence international flights to profitable routes.

Air Peace achieves new milestone

The airline which was founded in 2013 now operates direct flights with its luxury wide-body Boeing 777 aircraft to these destinations.

While commenting on the milestone, Air Peace Chairman, Allen Onyema, stated that the airline has secured a Foreign Carrier Operator Permit, FCOP, which allows airlines from other regions to fly to Europe, and a Third Country Operator Permit (TCO-UK) that enables airlines to operate to the UK.

He also added that he has obtained permits that qualify his company to fly to the UK while noting that before one can obtain the approval, the person has to go through a thorough audit which he passed.

Tags: Air PeaceAllen Onyema

Be sure to turn on notifications to stay connected with us

Unsubscribe
Adeluola Abiola

Adeluola Abiola

Related Posts

US Tariff Reduction Propels India to Forefront of Global Trade Dynamics - February 4, 2026

US Tariff Reduction Propels India to Forefront of Global Trade Dynamics

by inzams
February 3, 2026
0

In a significant move poised to reshape global trade dynamics, the United States has dramatically slashed tariffs on certain Indian...

From Setback to Showdown: England's Vitality Roses Force Epic Decider Against South Africa - February 4, 2026

From Setback to Showdown: England’s Vitality Roses Force Epic Decider Against South Africa

by inzams
February 1, 2026
0

Johannesburg, South Africa – The Vitality Roses have roared back from an opening defeat, securing a commanding 61-49 victory over...

Unmasking a Silent Killer: Early TB Treatment Offers Lifesaving Hope Against Sepsis in Africa - February 4, 2026

Unmasking a Silent Killer: Early TB Treatment Offers Lifesaving Hope Against Sepsis in Africa

by inzams
January 31, 2026
0

A groundbreaking new study from Africa is poised to fundamentally shift our understanding and approach to deadly sepsis, particularly among...

Why Some Nigerian Women Ask Men for Money While Searching for Love

Why Some Nigerian Women Ask Men for Money While Searching for Love

by Staff Writer
January 31, 2026
0

Nigeria is a country known for its warmth, beauty, and deep emotional connections. But in recent years, a recurring debate...

De Kock's Dazzling Century Seals Dominant T20 Series Win for South Africa - February 4, 2026

De Kock’s Dazzling Century Seals Dominant T20 Series Win for South Africa

by inzams
January 30, 2026
0

In a breathtaking display of power-hitting, Quinton de Kock smashed a career-best 115 runs off just 49 balls, leading South...

Digital Diplomacy: IShowSpeed's Ghanaian Passport Signals Evolving Global Influence - February 4, 2026

Digital Diplomacy: IShowSpeed’s Ghanaian Passport Signals Evolving Global Influence

by inzams
January 29, 2026
0

In an increasingly interconnected world where digital fame often translates into tangible real-world impact, the lines between online celebrity and...

Next Post
World Bank Says Cost Of Trade Is 5 Times Higher In Nigeria Than US

World Bank Says Cost Of Trade Is 5 Times Higher In Nigeria Than US

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Olympic Gold Medalist Matt Richards Launches Sponza: A New Era for Athlete Sponsorship
  • Australia’s Banking Blockade: Coinbase Alleges ‘Debanking’ of Crypto Firms Amidst Regulatory Scrutiny
  • US Tariff Reduction Propels India to Forefront of Global Trade Dynamics
  • The Mecca’s Crucible: Michael Jordan’s Enduring Wisdom for Young Stars Facing Madison Square Garden Pressure
  • The Growing Divide: Over Half of Transgender Youth Live Under Restrictive State Laws, Report Finds

Recent Comments

  1. "oppna ett binance-konto on Melania Trump’s Mail Suit Suggests Desire To Monetise First Lady Role
  2. Crear cuenta personal on Not Dollar, These Currencies Hold The Highest Value In 2024
  3. Sabrina on Remember When Someone Bought 2 Pizzas With 10,000 Bitcoin? It’s Now An Annual Celebration Day
  4. mosbeth_mkma on Bright Enabulele: The Technologist Positioning Africa at the Center of the Digital Future
  5. crypto com buy bitcoin on A Digital Media Startup Growing Up With Millennial Women

Archives

  • February 2026
  • January 2026
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • November 2024
  • October 2024
  • September 2024
  • July 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023

Categories

  • Artificial Intelligence
  • Business
  • Crypto News
  • Cryptocurrency
  • Diaspora Voice
  • Economy
  • Entertainment
  • Finance
  • FinTech
  • News
  • Politics
  • Real Estate
  • Security News
  • Sports
  • Spotlight
  • Tech
  • Tech News
  • Technology
  • Top Slider
  • uncategorized news
  • World

Category

  • Artificial Intelligence
  • Business
  • Crypto News
  • Cryptocurrency
  • Diaspora Voice
  • Economy
  • Entertainment
  • Finance
  • FinTech
  • News
  • Politics
  • Real Estate
  • Security News
  • Sports
  • Spotlight
  • Tech
  • Tech News
  • Technology
  • Top Slider
  • uncategorized news
  • World

Site Links

  • Login
  • Register

Latest News

Olympic Gold Medalist Matt Richards Launches Sponza: A New Era for Athlete Sponsorship - February 4, 2026

Olympic Gold Medalist Matt Richards Launches Sponza: A New Era for Athlete Sponsorship

February 3, 2026
  • About us
  • Advertise with us
  • Contact-us
  • Fintech Telex
  • Guest Post
  • Oduwacoin
  • Privacy Policy
  • Terms And Conditions

© 2023 FinTech Telex. All Rights Reserved. Diaspora Network

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Sign Up
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.
No Result
View All Result
  • Home
  • Crypto News
  • Finance
  • Security News
  • Artificial Intelligence
  • Diaspora Voice
  • Terms And Conditions
  • About us

© 2023 FinTech Telex. All Rights Reserved. Diaspora Network