Okay Airways sospende le operazioni

[dreamliner]

December 4, 2008
China's first private airline Okay Airways will indefinitely halt its passenger services beginning in mid-December, an executive of the company said on Thursday, confirming a local newspaper report.

The Juneyao Group, controlling shareholder of Okay Airways, filed an application in November to the authority to suspend Okay's passenger service, the China Business News reported earlier on Thursday.

Okay Airways received verbal approval on Wednesday from the Civil Aviation Administration of China (CAAC), allowing it to halt passenger operations on December 15, said Han Jing, the company's spokesman.

"We have no idea why Juneyao filed the application to suspend our operation," Han said.

Okay Airways' cargo business would remain unchanged, Han added.

The newspaper quoted Juneyao's chairman, Wang Junjin, as saying that Okay Airways needed to increase profitability and make a turnaround in passenger services in the face of the global financial crisis.

Beijing-based Okay Air was established in 2005 and now operates cargo and passenger flights across the country. As a partner to US package-delivery company FedEx, the carrier has 3 cargo planes and operates 6 planes for passenger service.

(Reuters)

 

[SkySurfer]

OK Air, prima compagnia privata cinese, sospende tutti i voli

UPDATE: China's OK Air Suspends Passenger Flights -State Media12-6-08 7:48 AM EST |

BEIJING (AFP) - One of China's private airlines has suspended passenger flights due to financial and management problems, state media reported Saturday, the latest victim of the global economic crisis.
OK Air, which operates over 20 routes around the country, suspended the service 10 days ahead of schedule, the official Xinhua news agency said, without giving further details.

Wang Junjin, chairman of the company, which also operates a cargo business, had previously announced it would have to end passenger flights for one month from December 15, according to a recent Xinhua report.

OK Air, which became China's first private carrier in 2005, has a fleet of 11 planes and employs 800 people in its passenger flights division.

"The company will use the suspension period for internal adjustments, which will hopefully help make a fresh start for the beginning of next year," Wang was quoted as saying in a recent Xinhua report.

(Morningstar)

 

[SkySurfer]

Okay Airways (OK Air), la prima compagnia privata nata in Cina, opera dal 2005 ed ha base a Tianjin.

In flotta ha 10 aeromobili :

4x B738
3x B733F (divisione cargo)
1x B735
1x MA60 Y-7

La divisione cargo continua ad operare regolarmente.