Okay Air signs US$1.3b Boeing 737 deal
China's Okay Airways has signed a commitment for 12 Boeing 737s worth US$1.3b at list prices, as the privately owned carrier looks to expand its fleet to tap the mainland's growing air travel market. The order includes 11 737 MAX and options for another 8, Boeing said. The order is not part of the deal that Boeing signed with China last year to supply 300 aircraft worth $38b at list prices, Wang Shusheng, the company's chairman said. Okay Airways, China's first privately owned airline, currently has a fleet of 18 aircraft, and expects to grow the fleet to 80 by 2020. Wang also said the airline was looking into purchasing wide-body aircraft, which would account for about 30% of the total capacity by 2020, to accommodate longer routes. The company said it would make a decision on the wide-body aircraft later this year. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-02-18/unaligned/okay-air-signs-us-1-3b-boeing-737-deal
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Okay Air signs US$1.3b Boeing 737 deal
China's Okay Airways has signed a commitment for 12 Boeing 737s worth US$1.3b at list prices, as the privately owned carrier looks to expand its fleet to tap the mainland's growing air travel market. The order includes 11 737 MAX and options for another 8, Boeing said. The order is not part of the deal that Boeing signed with China last year to supply 300 aircraft worth $38b at list prices, Wang Shusheng, the company's chairman said. Okay Airways, China's first privately owned airline, currently has a fleet of 18 aircraft, and expects to grow the fleet to 80 by 2020. Wang also said the airline was looking into purchasing wide-body aircraft, which would account for about 30% of the total capacity by 2020, to accommodate longer routes. The company said it would make a decision on the wide-body aircraft later this year. <br/>
