Get ready to flap your wings: Air Nigeria to go public in 2 years

by Lekan Olanrewaju

The official flag carrier may be experiencing some serious changes very soon. It has been revealed that there are plans to take Air Nigeria public within the next 2 years.

Chairman of the airline, Barrister Jimoh Ibrahim stated in London, during an inaugural dinner to celebrate the recommencement of international flights by the airline, that the company had been invited to list under the special registry of the stock exchange, and would be completely public within 2 years.

“I want to assure you that effective two years from now, we will be depositing Air Nigeria into your hands.” he said. “What does that mean? Air Nigeria will now have to go PLC. It will now be an airline owned by Nigerians. I will sell my shares, and then you can buy some. Air Nigeria will be in the market. So we will meet at Annual General Meetings, and then we will discuss. So that is our plans. By then, Air Nigeria will be fully Nigerian.”

“Actually, this year we have been invited to come and be listed under the special registry of the stock exchange.” he continued. “So two years from now, Air Nigeria will be in the market, you will be a shareholder, I will be a shareholder. It will be our airline.”

He also spoke about plans to obtain more aircraft as well as changes in the in-flight experience. “Five years from now, Air Nigeria we will be flying a minimum of 15 big jets.” he said. “There is no continent we won’t be flying to five years from now. This year, we have gone places. This is Europe, we are here. When you wake up in the morning you will be in Lagos, you can fly to any part of the world on Air Nigeria.”

“There a lots of things.” he continued. “Apart from the varieties of meals, every business class passengers will have access to Ipads. With that they have array of entertainment to choose from. For the business class passengers, our Lagos-London flight is the best place to relax after all the stress of business. It is quite an unending experience.”

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