Chinese Okay Airways suspends flights for 1 month

A company spokesman for privately owned Chinese carrier Okay Airways announced Thursday that the airline will suspend flights beginning on December 15. The suspension will last for one month. The carrier is rumored to be in a dispute with its controlling shareholders. Okay Airways is partnered with Shanghai-based Junyao Group and shares personnel, routes, marketing [...]

December 5th, 2008 | Posted in Transport & Logistics | 1 Comment

China’s postal plan worries foreign courier companies

Foreign express-delivery companies operating in China including DHL, FedEx, TNT and UPS are fighting new legislation they say will undermine their ability to compete in the market for delivering documents and packages domestically. A new provision in the draft version of China’s Postal Law forbids foreign companies from investing in the domestic letter delivery business. [...]

October 30th, 2008 | Posted in Transport & Logistics | No Comments