China’s OK Airways may acquire Cape Verdean flagship airline TACV

28 November 2013

China’s OK Airways plans to acquire a stake in Cape Verdean flagship airline Transportes Aéreos de Cabo Verde (TACV) and to operate its routes to Africa, Brazil,, Europe and the United States, according to Cape Verdean newspaper A Semana.

The newspaper said that a delegation of the Chinese company had visited Cabo Verde (Cape Verde) last week, and toured the archipelago’s airports with representatives from TACV and state airport company Aeroportos e Segurança Aérea (ASA).

The chairman of ASA, Mário Paixão, told the newspaper that the company had merely accompanied the Chinese delegation on its tour of the airports, together with  the TACV staff to “demonstrate our logistics, the facilities, and the technical characteristics of our operations.”

Paixão also said he would happy to cooperate with Ok Airways in its business if it set itself up in Cabo Verde, “as we do with all companies that visit Cabo Verde.”

The chairman of ASA told the newspaper that even if the deal does not materialise, OK Airways planned to start operating in Cabo Verde with international or even inter-island flights.

OK Airways was founded in 2004 and started operating a year later. It is based at Tianjin airport and from there offers 20 passenger routes in China, as well as a cargo service.

The airline’s current fleet is made up of seven aircraft – two 737-300s, three 737-800s and two Xian MA-60s. (macauhub)