Onyema

Allen Onyema, Chairman and CEO of Air Peace Limited, expressed confidence that President Bola Ahmed Tinubu's intervention will resolve the financial crisis in Nigeria's aviation sector, particularly concerning the 5% Ticket Sales Charge, during his keynote speech at the League of

Allen Onyema, CEO of Air Peace, stated that no Nigerian airline made a profit of $1 million in 2025 due to high operating costs. He highlighted the burden of aviation fuel prices and numerous taxes on airline profitability during a keynote address at the LAAC conference in Lagos.

Allen Onyema, Chairman of Air Peace, stated that no Nigerian airline has made $1 million in annual profit, despite high revenues in the aviation sector. He emphasized the financial challenges faced by airlines and called for a reevaluation of government taxation policies affectin