has turned to dispose of air courier service specializing in road logistics in the private express delivery companies in Tianjin DTW Group Limited (DTW Group) is now again thrust backwards the aviation industry. March 5, DTW Group Chairman Wang Shusheng officially announced in Beijing on private aviation companies Okay Airways Co., Ltd. (hereinafter referred to as Okay Airways), a wholly owned acquisitions. Wang Shusheng Okay Airways has also been replaced by the controlling shareholder before the Junyao Group Chairman Wang Jun Kim, as the new chairman, with the change, as well as old-fashioned purple Okay. Daejeon, 500 million yuan bargain-hunting “now regarded as bargain-hunting in, 5 billion to an airline is (before) would never have dreamed it.” Wang Shusheng on March 5 at DTW Group’s Beijing headquarters of the media admits. According to Wang Shusheng, at present DTW Group in addition to 220 million yuan from the Junyao Group, acquired about 63% stake in Okay Airways, the Beijing Land Bridge will also be three other companies and individuals held all of acquisition of stake in Okay, the current Okay Airways 100% owned, 500 million yuan mainly are used for the acquisition of shares, after which there will be ongoing funds to enter. In fact, the DTW Group acquisition of Okay Airways has started early. China Civil Aviation Authority, a person in north China, told this reporter said, Okay Airways has submitted in the last month to change the legal representative of the report, is currently being processed at stage, is expected to be completed soon. The Okay Airways side said that few days ago, Wang Shusheng already participated as chairman of the company’s staff meeting. Wang Shusheng had been engaged in the logistics industry, air cargo charter flights started from the establishment of DTW Group, and in 1999 with the United States set up the Daejeon Federal Express – Federal Express Co., Ltd., providing international courier services. However, in 2006 DTW Group’s 50% stake in a joint venture held by the Federal Express to 400 million U.S. dollars acquisition, DTW Group’s main business has also begun to road LTL freight, warehousing, logistics and international freight forwarding direction of transformation. Although the company had previously Okay have a good operating record, but that the market experienced in 2008 after the events of shareholder disputes and suspended vitality, both passenger and freight business in trouble. “Okay the problem is not operational and management issues.” Wang Shusheng said,power leveling, “the company still has considerable value.” In his conception, Okay Airways will be the future freight operations with the DTW Group’s ground-logistics; passenger on The new boat with the existing 60 regional jet into branch operations, rehabilitation of existing trunk passenger business, so as to achieve Ganzhi combination of passenger and cargo simultaneously operating structure. The next three years, Okay Airways goal is 22 freighter fleet size, in addition to all aircraft lease, air cargo companies will also establish a professional fly scheduled flights, cargo, including cargo logistics business Daejeon. “Okay symbol names are the same, but to swap out the old purple.” Wang Shusheng said operational by the end of this year, 13 aircraft, including three new boats 60.7 Boeing 737 aircraft, three cargo planes . Still choose to attract investment from the government who are engaged in air cargo business has grown Wang Shusheng,aion power leveling, it is clear to the private capital to join the risks faced by the aviation industry has a clear understanding of, and while Okay Airways is currently holding a full ownership, but still intend to introduce local government capital, and Okay Airways foothold future employers may also be changes as the note change. “There have been 56 local governments must cooperate to find knocking on the door.” Wang Shusheng said, “will be out within the next two to three months, the end result.” “To devote so much money in recent years, there will be no return.” Wang Shusheng said frankly that , but he also Okay Airways has a three-step strategy plan,aoc power leveling, the first step into government equity participation; the second step to introduce professional company shares; the third step in the market within five years. “Company does not have a controlling interest prior to the listing will not give up.” Wang Shusheng emphasized. It is noteworthy that Okay Airways since its inception, has always faced a funding shortage of the storm, despite the adoption of follow-up to attract investment to maintain the normal operation of the company, but also for subsequent events and even suspended the event a shareholder dispute foreshadowed. Okay Airways, as chairman prior to being Beijing to attend the “two sessions” Wang Jun Kim, and reluctant to talk about the incident with reporters, but the reporter in the middle of last year with his time talking about the exchange of Okay Airways, the Wang Jun Jin will be disposed of at that time made it clear that the current shares held by Okay Airways, and is working with the “Tianjin government to discuss this matter.” However, rumors that had been injected Okay Airways in June last year, the Tianjin municipal government injection of Hainan Airlines Group’s Grand China Express Airlines Co., Ltd., and renamed Tianjin air after the injection of Okay Airways will no longer matter after the words. Operations teams “System Restore” “I am a stock investor, the specific business problems by experts to do the implementation of general manager responsibility system.” Turning to the company’s future operation and management, Wang Shusheng said, “will be employing the best industry talent to manage the At present themselves only temporarily as chairman. “The reporter in Okay Airways and DTW Group’s confirmation, also has confirmed that the incident in Okay Airways suspended” out “of the company’s former president Liu Jie Yin will return to the company management, directorship and the post of party secretary. At the same time, the former CEO Liu Weining Okay Airways would also return along with Liu Jie sound as vice chairman in charge of corporate strategic development, financing,age of conan power leveling, cooperation, aircraft leasing. Okay Airways and as one of the shareholders before the match forcing Lang as president of a post, Wang Shusheng his assessment is “the original representation of the SASAC, the employees are also prestigious Okay.” And that he was “still possible equity participation.” Wang Shusheng staff meeting at the Okay Airways, said that the history of Okay Airways difficulties which may arise from the shareholder level of disagreement. But even in the most difficult circumstances, Okay Airways is still achieved a good situation in the safe operation and operating performance, indicating the industry owned Okay Airways experienced senior management team, professional quality of the professional team is worthy of full trust The. “Likewise a Coke in the refuse collection when it was a garbage cans, in the hands of the artist will become works of art.” Wang Shusheng says, “the aviation industry has been considered to be money-burning of the bottomless pit, I would like to test my abilities and the value of . “
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