FedEx Express, the world's largest express delivery company, is to end its contract with troubled Okay Airways, opting instead for Yangtze River Express, a cargo airline controlled by HNA Group, to maintain its domestic express air network. The move is yet another setback for the Tianjin-based airline, which is desperately seeking to restart its passenger service before the Lunar New Year after a lack of cash and disputes between its investors forced its service suspension. The suspension of … [Read more...] about FedEx to cancel Okay Air contract
Okay Air
China : Okay Air to be first carrier to operate MA60
The 50/60-seat turboprop’s other customers are from Latin America, Africa and elsewhere in Asia. The aircraft has received 136 orders so far. China’s first LCC, Okay has increased its focus on the regional market in recent years and last year it signed a lease deal with China Aviation Industrial Leasing Co. for 10 MA60s which will join its current fleet of eight B737s. Okay President Liu Jieyin said the first MA60 will operate from Tianjin to Dalian, Yantai and Jinzhou. Over the … [Read more...] about China : Okay Air to be first carrier to operate MA60