Would you like to receive notifications on latest updates of the following headlines?

Air Peace Chairman Wins Triangle Magazine’s Entrepreneur Of The Year

POSTED ON April 26, 2024 •   Business      BY Abiodun Saheed Omodara
Air Peace Chairman, Allen Onyema l Credit: @Ifeallenonyema l Source: X

Triangle Magazine International has named Air Peace Chairman Allen Onyema as its Entrepreneur of The Year. This followed his achievements in the aviation sector.

Triangle Magazine International publisher, Femi Salako, said Onyema has made patriotic sacrifices in repositioning the aviation industry to deserve the award. Salako said: “Air Peace, which was registered by Allen Onyema with Nigeria Civil Aviation Authority (NCAA), commenced commercial operations in 2014.

Air Peace has in less than 10 years become the airline of choice for Nigerians and foreigners alike. “The efficiently run Air Peace, under the management of Allen Onyema has recorded steady and astronomical growth in less than a decade of operations.

“The airline now boasts of 20 domestic routes and eight regional and seven international destinations. The International routes are Guangzhou, Dubai, Johannesburg, Jeddah, Mumbai, Tel Aviv, Banjul, Accra, Dakar and London.

“It should be noted that the recently commenced lucrative London route by Air Peace has brought unimaginable price relief to Nigerian air travellers. Entry of Air Peace into the London route has lately sparked price wars between it and some foreign airlines.

“The price war has effectively led to a significant reduction in air tickets for Lagos-London and Abuja-London routes. Deserved credit must be given to the patriotic and pan-Nigerian spirit of Allen Onyema, whose dogged entry in total the London route has halted the exorbitant price hitherto charged Nigerian air travelers by foreign airlines.

“Air Peace now operates a mixed fleet of 13 Boeing 737s, 1 Dornier 328-300 Jet, 3 Boeing 777s, 8 Embraer 145s, 5 Embraer 195- E2s, and 10 Airbus 320s. “Steady growth and effective management of Air Peace has necessitated the need for the government of Antigua and Barbuda to partner with the Nigerian indigenous airline to help revive the Caribbean national carrier LIAT.

The airline is, however, expected to operate under a new name. In line with the agreement signed by both parties, it is therefore expected of Air Peace to acquire a majority stake in LIAT.

“Aside from businesses, empowerment and advocacy for peace, Allen Onyema has equally etched his name in Nigeria’s history with his philanthropic commitments.

In 2023, he patriotically deployed Air Peace aircraft for the evacuation of 277 Nigerians who got stranded at the Egyptian border due to the war in Sudan.

“Allen had earlier airlifted for free, 503 Nigerians who became stranded in South Africa during the xenophobic attacks on foreigners. He also freely evacuated more than 300 Nigerians who became stranded in Malaysia, Thailand, and Indonesia in 2020 during COVID-19.”

READ ALSO
Sierra Leone airline begins direct flight from Lagos to Freetown
BY Abiodun Saheed Omodara January 23, 2025 0

After a 15-year break, Air Sierra Leone successfully completed its inaugural flight from Freetown to...

READ ALSO
Savannah energy reports $258.7m in 2024, exceeding financial guidance
BY Abiodun Saheed Omodara January 23, 2025 0

The British independent energy company, Savannah Energy Plc has declared a total revenue of $258.7 m...

READ ALSO
Nigeria's economic prospects highlighted ahead of WEF 2025
BY Abiodun Saheed Omodara January 22, 2025 0

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has indicated that Nige...

READ ALSO
Africa now an investment destination – Shettima
BY Abiodun Saheed Omodara January 22, 2025 0

Vice-President Kashim Shettima urged global investors to consider Nigeria's expanding business prosp...

READ ALSO
Ecobank partners with credicorp on flexible customer loans
BY Abiodun Saheed Omodara January 22, 2025 0

Ecobank Nigeria has teamed up with the Nigerian Consumer Credit Corporation to provide customers wit...

READ ALSO
W’Bank imposes 30-month debarment on Nigerian coy’s for corruption
BY Abiodun Saheed Omodara January 22, 2025 0

The World Bank Group has announced a 30-month debarment for two companies based in Nigeria, Viva Atl...

READ ALSO
TUC advocates for Tax reassessment to support Nigerians
BY Abiodun Saheed Omodara January 22, 2025 0

The Trade Union Congress of Nigeria (TUC) has urged for a reassessment of certain aspects of the tax...

READ ALSO
NCC approves 50% tariff adjustment for telecom operators amid rising costs
BY Abiodun Saheed Omodara January 21, 2025 0

The Nigerian Communications Commission (NCC) announced on Monday that it has approved a tariff adjus...

OUR CHANNELS:

EU assures continue support for Nigeria’s democracy
BY Abiodun Saheed Omodara January 30, 2025 0

ABUJA – The European Union (EU) has reaffirmed its unwavering commitment to strengthening...


Tinubu Returns to Nigeria From Tanzania
BY Abiodun Saheed Omodara January 30, 2025 0

President Bola Tinubu has returned to Abuja following his attendance at the Africa Heads of State En...


Obi emphasises focus on Nigerians' welfare, seek coalition for 2027 elections
BY Abiodun Saheed Omodara January 30, 2025 0

Labour Party presidential candidate Peter Obi has expressed his willingness to a coalition ahead of...


FAAN ease traffic congestion, suspends access gate fees at Abuja Airport
BY Abiodun Saheed Omodara January 28, 2025 0

The Federal Airports Authority of Nigeria has announced the suspension of all access gate fees at th...


Obasa challenges removal as Speaker, Denies corruption allegations
BY Abiodun Saheed Omodara January 27, 2025 0

The impeached Speaker of the Lagos State House of Assembly, Mudashiru Obasa, has faulted his removal...


Court orders woman to pay N150, 000 for boyfriend emotional distress
BY Abiodun Saheed Omodara January 27, 2025 0

A Magistrate Court in Ilesa, Osun State, has ordered Rhoda Adu to pay N150,000 in damages for not vi...


U.S. halts all foreign aid, exempt Israel, Egypt amid 'America First' Policy Shift
BY Abiodun Saheed Omodara January 30, 2025 0

USA (AFP) - The United States, the largest donor globally, halted nearly all foreign aid on Friday,...


NELFUND reaffirms commitment to affordable education
BY Abiodun Saheed Omodara January 28, 2025 0

The Managing Director of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, has reiterat...


Edo report eight Lassa Fever deaths, 56 cases
BY Abiodun Saheed Omodara January 26, 2025 0

Edo State has reported 56 cases of Lassa Fever and eight fatalities from December 30, 2024, to Janua...


Olamide teases fans with new project announcement, After Idan Buruku
BY Abiodun Saheed Omodara January 25, 2025 0

After thrilling fans with "Idan Buruku," an electrifying freestyle that takes listeners back in time...


More Articles

Load more...

Menu