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December 2004

Okay Airways gets OK to fly

Okay Airways looks set to become the first in a spate of private airlines to take to China's skies later this year. The airline plans to begin cargo and charter passenger flights with a fleet of six Boeing 737s from a base at Tianjin's Binhai International Airport.

With a launch capital of US$36.5m the company plans to operate leased aircraft.

Two other private airlines - United Eagle Airlines, based in Sichuan province, and Air Spring, based at Shanghai's ...

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