Okay Airways, Mainland China’s first private carrier, has announced it will suspend passenger operations for one month from December 15. But it added the hiatus was meant to streamline management and turn around a loss-making sector.
Its cargo business would not be affected.
The airline, based in Tianjin, has not showed a profit since starting up in 2005. Shanghai-based Junyao Group is the controlling shareholder and partner.
Margie T Logarta
