Okay Airways, the first privately owned airline in China, has revealed itself as the customer for 10 Next-Generation Boeing 737-800s previously recorded on Boeing’s Orders & Deliveries website as being for an unidentified customer.
Boeing values the order at $800 million at average list prices.
“Okay Airways is a firm believer in the Next-Generation 737-800, which is the backbone of our fleet and has proved its reliability and efficiency on a daily basis,” says Wang Shusheng, chairman of Okay Airways. “The new additions will help us expand our domestic routes and even explore regional markets.”
An all-Boeing operator, Okay Airways obtained Civil Aviation Administration of China (CAAC) operational approval and started commercial services in March 2005. Okay Airways is headquartered in Beijing and uses Tianjin Binhai International Airport as its fleet base.
The carrier currently operates four 737s, including three 737-800s and one 737-300 converted freighter, on trunk routes with direct flights to more than 20 domestic destinations.
Okay Airways also will lease four 737-800s this year, and plans to expand its fleet by leasing five 737-800s each year prior to the new delivery.
“Okay Airways has been a dedicated operator of Boeing 737s since it was established. Boeing is honored that 10 more 737-800s will join Okay Airways’ fleet to support its strategy in this fast-growing market,” says Marlin Dailey, vice president of sales & marketing for Boeing Commercial Airplanes. “We look forward to continuing our partnership with Okay Airways, which started with the Next-Generation 737-800.”
Boeing announced in June that it will increase production rates on the Next-Generation 737 program to 35 aircraft per month in 2012 to meet continued strong customer demand for the 737NG family. The Next-Generation 737 family has more than 2,000 unfilled orders from customers around the world.
The Boeing 737-800 is the best-selling version of the highly successful Next-Generation 737 family, which represents the third, highest-selling generation of the Boeing 737. The 737 is the highest-selling commercial jet family of all time, achieving orders for well over 8,000 aircraft since the first 737-100 entered service with Lufthansa in 1967.