Rare-earth metal oxides with perovskite-type crystal structures are under consideration for use as air electrode materials for intermediate to high temperature electrochemical device applications.The surface chemistry of these materials plays a critical role in determining the kinetics of oxygen reduction and exchange reactions. Among various perovskite-structured oxides, certain members of the Ruddlesden-Popper series, e.g. La2NiO4, have been identified as significantly active for surface oxygen interaction. However, the challenge remains to be the identification of the structure and composition of active surfaces, as well as the influence of these factors on the mechanisms of surface exchange reactions. In this contribution, the changes in electronic structure and the energetics of oxygen interaction on surfaces of La2NiO4 are analysed using first principle calculations in the Density Functional Theory (DFT) formalism. As for the surface chemistry, the LaO termination rather than the NiO2 is presumed due to recent experimental evidence for the surfaces of various perovskite structured oxides after heat treatment in oxidizing environments being transition metal free. Our findings substantiate that the LaO terminated surface can indeed participate in the formation of the surface superoxo species. Detailed charge transfer analyses revealed that it is possible for such a surface to be catalytically active owing to the enhanced electronic configurations on neighbouring La sites to surface species. In addition, positively charged oxygen vacancies, relative to the crystal lattice, can act as active sites and catalyse the O-O bond cleavage.