GECAS to lease two new Boeing 737 MAX aircraft to China’s Okay Airways

GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, signed an agreement to lease two new Boeing 737 MAX aircraft to Okay Airways Company. The aircraft are scheduled for delivery in 2018 and are part of GECAS’ existing orderbook with Boeing. Okay Airways operates a fleet of more than 30 aircraft from its base in Tianjin, providing scheduled cargo and passenger service to domestic and international destinations.