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Okay Airways Commits 12 Boeing 737s
Posted: 2016 Feb 24
Boeing and Okay Airways have announced a commitment for 12 737s, including eight MAX 8s, three 737 MAX 9s and one Next- Generation 737-900ER (Extended Range) airplane. The agreement, valued at US$1.3 billion at current list prices, is subject to the approval of the Chinese government and will be posted to Boeing’s Orders & Deliveries website once all contingencies are cleared. “We greatly value the ties we have built over the years with Boeing,” said Wang Shusheng, Chairman, Okay Airways. 
“The Boeing Next-Generation 737 has been the main stay of our fleet since we started operations. The introduction of additional 737s, including the new 737 MAX, will further modernize our fleet and ensure we operate the most efficient fleet well into the future.” This commitment will mark the first 737 MAX 9 order by a Chinese airline and bolsters Okay Airways’ 737 MAX portfolio to 17 airplanes. Included as part of the agreement, Okay Airways have rights to exercise options for eight additional 737 MAX 8 airplanes. “We are honoured to welcome Okay Airways as our newest 737 MAX 9 customer,” said Ray Conner, president and CEO, Boeing Commercial Airplanes. “The reaffirmation of additional 737-900ERs and 737 MAX 8s is a statement to the success that Okay Airways has established with the737 family. We look forward to extending our partnership with Okay Airways for decades to come.”
“We are pleased to enter into this innovative partnership with SIAEC,” said Fabrice Brégier, Airbus President and Chief Executive Officer. “The Asia-Pacific region is a key market for Airbus widebody aircraft and will continue to drive demand for larger aircraft types such as the A380, A350 andA330 in the coming years. Setting up a worldclass facility in this region through our joint venture with SIAEC reflects Airbus’ strategy to develop a full range of support services for operators of our aircraft near to their home bases.”Okay Airways, the first privately owned airline in China, is headquartered in Beijing with its main hub at Tianjin Binhai International Airport (TSN).The airline’s fleet includes 14 737-800s, three 737-900ERs and one Boeing 737-300 Freighter.



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