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Topic: Okay Airways

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	Okay Airways - Wikipedia, the free encyclopedia
		Okay Airways was established in June 2004 and in February 2005 received an aviation carrier business licence from the Civil Aviation Administration of China(CAAC).
		The carrier's maiden flight from its base in Tianjin to Changsha was on March 11, 2005 with 72 passengers on board.
		On 25 February 2005 Boeing announced that Okay Airways had received its first Boeing 737-9B5, becoming the first Chinese airline to operate the largest model of the Boeing 737 family.
	en.wikipedia.org /wiki/Okay_Airways (184 words)

	Boeing: Okay Airways Becomes China's First Boeing 737-900 Operator (Site not responding. Last check: 2007-10-11)
		Okay Airways received its business license as a public aviation carrier from the Civil Aviation Administration of China (CAAC) on Feb. 27, and is expected to begin operating early next month.
		"Okay Airways selected the Boeing 737-900, the most advanced model in its class, to provide the optimum in safety, reliability and economics," said Liu Jieyin, chairman and president of Okay Airways.
		Okay's 737-900s will be used primarily in passenger service, initially for routes such as Tianjin to Kunming, Changsha, Zhang Jiajie, Guilin, Hohhot, Taiyuan and Haerbin, followed by other routes as the fleet expands.
	www.boeing.com /news/releases/2005/q1/nr_050225h.html (400 words)

	Airwise Discussion Forum - Mainland China LCCs
		The Okay Airways Co., Ltd. is expected to be China's first private airline to start flying by the end of this year, while two others are also ready to fly, according to the Civil Aviation Administration of China (CAAC).
		Okay Airways plans to introduce six Boeing 737 aircraft and expects to set off by the end of this year as scheduled.
		Headquartered in Beijing, Okay Airways will be based in the Tianjin Binhai International Airport, focusing on domestic air cargo and express services, passenger charter services and ground distribution services.
	forum.airwise.com /forum/printthread.php?t=5743 (319 words)

	News
		For the startup Okay Airways, based in northern Tianjin, the move to recruit young, but eager foreign fliers gives it a chance to compete in the domestic aviation industry, now dominated by three state-backed behemoths.
		On Friday, when Okay Airways' maiden flight takes off from Tianjin to Kunming in the south - one of four routes it is licensed to fly - Schmidt will be in the cockpit watching.
		Okay is the first to receive a license from the General Administration of Civil Aviation of China.
	www.atca.org /singlenews.asp?item_ID=2550 (663 words)

	WTOP: China's Okay Airways Joins With Rival
		China's airline industry is dominated by state-run carriers, although aviation authorities have approved at least three private airlines _ including Okay and Junyao _ to begin operations, with another seven reportedly planned.
		The airlines are still working out financial details of their "strategic partnership," said a spokesman for Okay Airways, who gave only his surname, Gang.
		Money-losing Okay, which is based in the northern city of Tianjin, east of Beijing, began passenger services in March 2005 using one Boeing 737-900 leased from Korean Air Co., South Korea's largest passenger airline.
	www.wtopnews.com /?nid=111&sid=738399 (859 words)

	Asia Times Online :: China News, China Business News, Taiwan and Hong Kong News and Business.
		Okay had taken a series of measures to reduce costs since its official beginning seven months ago, including cutting the costs of aircraft utilization, selecting airports that charge low landing fees and using feeder airlines, Liu said.
		He said Okay is in contact with the Korean Air Lines Co Ltd for cooperation.
		Besides Okay, a number of private airlines have already taken to the skies, such as United Eagle Airlines and Spring Airlines, while quite a number of others are waiting for approval by the General Administration of Civil Aviation of China (CAAC).
	www.atimes.com /atimes/China_Business/GK01Cb01.html (709 words)

	Aerospace Technology - SR Technics and Okay Airways to establish JV in China (Site not responding. Last check: 2007-10-11)
		Okay Airways, which was established in June 2004, is the first privately-owned airline in China.
		This JV will see SR Technics and Okay Airways partner together to establish a Company providing technical solutions for airlines from a facility to be located in Tianjin, one of the fastest growing regions of China.
		Commenting on this development, Frank Turner, Chairman, SR Technics said "this new JV partnership with Okay Airways will be a first step for SR Technics in establishing a presence in China.
	www.aerospace-technology.com /contractors/maintenance/sr_technics/press28.html (318 words)

	Private airlines ready to take off in China(02/21/05)
		Okay Airways is expected to become the first private carrier, thanks to the nation's policy support.
		Okay Airways, funded by three private companies and three people from Beijing and Shenzhen in South China's Guangdong Province, has registered capital of 300 million yuan (US$ 36.3 million).
		The administration is seeking proposals from related regional administrations and airports on the issue, as a necessary procedure before issuing a licence in accordance with the existing regulation on licensing a public air transport enterprise.
	www.china-embassy.org /eng/xw/t184148.htm (615 words)

	China Travel News :: Testing time for those following low-cost model in China
		According to local media reports in China, the maiden flight of the airways in March was regarded as a landmark event that rocked the monopoly of the state-owned airlines, attracting wide attention to the carrier's strategy of low-cost business operations.
		Further, the media indicates that in China, about 80 percent of the costs are not controled by carriers and the so-called cost-cutting only rests with the fees related to personnel and management, which makes up a very small proportion of the total operation cost.
		"After Okay was established, 40-50 airports have called us to open flights, but we could not fly to these places because airline companies cannot decide on the flight routes," he reportedly said.
	www.chinatravel.com /china-travel-guides/china-travel-news/china-travel-news-2005/china-travel-news-2005-11/testing-time-for-those-fo.shtml (434 words)

	China's first private airline takes to the skies
		Okay’s first flight, with 81 people onboard, flew from the airline's base in the eastern city of Tianjin to Kunming, a popular tourist spot in the mountainous southwest.
		Okay says it will fly six Boeing 737 aircraft, focusing on domestic charter flights, cargo and express delivery services.
		Okay is owned by investors from Beijing and the southern financial centre of Shenzhen, near Hong Kong, according to the government newspaper China Daily.
	www.finfacts.com /irelandbusinessnews/publish/printer_1000834.shtml (457 words)

	BBC NEWS \| Business \| China okays first private airline
		China is to launch its first private airline - named Okay Airways - by the end of the year, according to state media reports.
		Okay will concentrate on domestic air cargo and charter flights within China, the Xinhua news agency said.
		Tianjian-based Okay - also known as Aokai Airlines - intends to fly a fleet of six Boeing 747 aircraft.
	news.bbc.co.uk /2/hi/business/3752148.stm (134 words)

	Korean In Cargo JV Talks With China's Okay
		Korean Air said on Wednesday it was in talks with China's Okay Airways on a possible joint venture.
		The announcement came after the Korea Economic Daily reported Korean Air was in the final stage of negotiation with Okay Airways to set up a cargo carrier joint venture, targeting booming air cargo demand in China.
		Okay Airways, based in the northern Chinese city of Tianjin, is China's first private airline and started flights this year.
	news.airwise.com /story/view/1119480167.html (183 words)

	China to approve private airline - report Airline Industry Information - Find Articles
		The Chinese aviation regulator is expected to issue a licence to Okay Airways Co, the state-run newspaper China Daily reported on Monday (21 February).
		Okay Airways would be the first private airline authorized to operate on the mainland, the newspaper said.
		After receiving a licence from the Civil Aviation Administration of China, Okay Airways is expected to begin services in early March, reported the China Daily.
	www.findarticles.com /p/articles/mi_m0CWU/is_2005_Feb_22/ai_n10018444 (201 words)

	Korean Air To Acquire China's Okay Airways
		The announcement came after Korean Air said in June it was in talks with Okay on a possible joint venture.
		Under Chinese regulations, a foreign company is allowed to buy a stake of up to 25 percent in a Chinese airline, while the combined stakes held by foreign investors are limited to 49 percent, the statement said.
		Okay Airways, based in the northern Chinese city of Tianjin, started flights early this year.
	news.airwise.com /story/view/1124715273.html (171 words)

	Okay Airways to Lease Boeing 737 Jets
		Okay Airways, based in Tianjin, a port city neighboring Beijing, is now negotiating to lease Boeing 737-300 cargo aircrafts.
		Okay Airways is set to bring in the 3rd Boeing 737 aircraft by the end of this month and put it into operation in April 2006.
		The president also disclosed that Okay Airways is now in talks with US FedEx Express, one of global four largest express giants, on cooperation and emphasized that the partnership will be restricted to the business level and not be involved in equity transfer.
	www.tmcnet.com /usubmit/-okay-airways-lease-boeing-737-jets-/2006/03/19/1471240.htm (1084 words)

	US Airways gets okay to leave bankruptcy (Site not responding. Last check: 2007-10-11)
		A federal bankruptcy court judge yesterday gave his final approval to US Airways' termination of its pilots' pension plan, clearing the way for the carrier to emerge from Chapter 11 on Monday.
		U.S. Bankruptcy Judge Stephen Mitchell acted a few hours after the Pension Benefit Guaranty Corp. said it would not object to US Airways' terminating the pilots' current plan and replacing it with a new, less generous plan agreed to by the airline and the pilots union.
		Specifically, the PBGC approved US Airways' application to terminate the pilots' current defined pension plan on the grounds that the company was in severe financial distress.
	www.post-gazette.com /pg/03088/169470.stm (457 words)

	Highbeam Encyclopedia - Search Results for okay (Site not responding. Last check: 2007-10-11)
		It's okay to ask for help: one woman's story.
		Leah Remini: "I'm a mother first": the King of Queens's Leah Remini doesn't expect to sleep, have sex, or fit into her pre-pregnancy jeans anytime soon--but as long as her baby girl is happy and her husband is pitching in, that's okay with her.(interview)(Interview)
		Okay Airways joins forces with Junyao Group.(Brief article)
	www.encyclopedia.com /searchpool.asp?target=okay (175 words)

	First private Chinese airline takes to the sky (Site not responding. Last check: 2007-10-11)
		The first Okay Airways flight took off at 9am, local time, from its hub at Binhai International Airport in Tianjin to Changsha in Central China, before it continued onwards to Kunming in the Yunnan province in Southwest China.
		The flight was a landmark move for China whose aviation industry is controlled by the government.
		Okay Airways is the only airline to operate the Tianjin-Kunming route.
	www.travelweekly.com.au /articles/e7/0c02dbe7.asp (370 words)

	Aviation News: International Aviation News
		Qatar Airways is celebrating being named Airline of The Year at the annual Middle East and North Africa (MENA) travel awards in Dubai held this month.
		Now serving 70 destinations worldwide with 47 Airbus aircraft, Qatar Airways is expected to nearly triple in size over to the next years to 110 aircraft.
		Korean Air is acquiring a 25% stake in China's Okay Airways.
	aviationnews.typepad.com /aviation_news/international_aviation_news (4014 words)

	Bloomberg.com: Asia
		``At the moment, we are in talks with Okay Airways,'' Lee Hyoung Woo, a spokesman for Seoul-based Korean Air, said, confirming a report in the Korea Economic Daily.
		A venture between Korean Air and Okay Airways may be the third such tie-up in China involving overseas airlines after Lufthansa AG's cargo unit and Singapore Airlines Cargo Pte.
		Okay Airways, China's first private airline based in Beijing, started flying in March this year.
	www.bloomberg.com /apps/news?pid=10000080&sid=aE45nKvffA9c (391 words)

	TDN (Site not responding. Last check: 2007-10-11)
		China`s first private airline, Okay Airways Company Ltd., set up its hub at Binhai International Airport in north China`s port city, Tianjin, and will make its maiden flight on March 5, said an official with the company.
		Okay Airways received its business license as a public aviation carrier from the Civil Aviation Administration of China (CAAC) on Feb. 27.
		As one of the first private airlines approved by CAAC, Okay Airways, with its headquarters in Beijing, has registered capital totaling 300 million yuan (about US$36.14 million), will introduce six Boeing 737 serial airplanes in its primary operation period.
	www.traveldailynews.com /news_print.asp?newID=21330 (292 words)

	Airsider - In the Hot Seat
		As CEO for Switzerland's Helvetic Airways and with twenty-five years of pilot training under his belt, Dobler is well qualified to comment.
		Emirates, Etihad and Qatar Airways all regularly recruit and local private operators, such as National Air Services or the region's various royal flights, are constantly looking for pilots.
		Thanks to huge growth in the region's aviation sector, the local fleet is expected to grow by around 600 aircraft over the next 20 years, according to Boeing, which means that around 4,800 extra pilots need to be recruited or trained to fly them.
	www.airsider.com /files/2006/0506/007/pilotshort.htm (1680 words)

	Asia Times Online :: China Business News, China News, Aviation News
		Cathay Pacific Airways has announced its largest commitment for new freighter aircraft with an order for six Boeing 747-400 ERF Extended Range Freighters, as it continues to invest in additional cargo capacity to meet aggressive growth plans for its Hong Kong hub.
		Okay Airways, China's first private airline, has ditched its low-cost business operation model due to various difficulties.
		A budget airline, Okay's launch is only a beginning of more such services and the prelude to the flurry of low-cost flying that China will witness in coming months.
	www.atimes.com /atimes/Others/China_Business_Aviation.html (3662 words)

	Tianjin Binhai International Airport - Wikipedia, the free encyclopedia
		It is one of the major air cargo centers in China.
		It is also the hub airport for the newly established and privately owned Okay Airways.
		International flights are opereated by Korean Air to Seoul-Incheon International Airport.
	en.wikipedia.org /wiki/Tianjin_Binhai_International_Airport (155 words)

	USATODAY.com - Private China airline launches first flight (Site not responding. Last check: 2007-10-11)
		BEIJING — China's first private airline of the communist era launched its maiden flight Friday, opening a new chapter for efforts to modernize the country's booming air travel industry.
		The Okay Airways Boeing 737-900, with 81 people aboard, flew from the airline's base in the eastern city of Tianjin to Kunming, a popular tourist spot in the mountain southwest.
		Okay is owned by investors from Beijing and the southern financial center of Shenzhen, near Hong Kong, according to the government newspaper China Daily.
	www.usatoday.com /travel/news/2005-03-11-china-private_x.htm?csp=34 (544 words)

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