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Oasis Hong Kong News

Hong Kong budget airline Oasis formally wound up

12-Jun-2008
HONG KONG (XFN-ASIA) - Hong Kong's collapsed budget airline Oasis was formally wound up today after court clearance, the company's liquidator said.

Hong Kong budget airline Oasis has flight licences revoked

10-Jun-2008
HONG KONG (XFN-ASIA) - Collapsed Hong Kong budget airline Oasis had its air transport licences revoked by the authority, a move that brought the business a step closer to its end.

Cheung Kong denies rumored move to buy defunct Oasis Hong Kong Airlines

16-Apr-2008
HONG KONG (XFN-ASIA) - Cheung Kong (Holdings) Ltd said it has no plans to buy collapsed budget carrier Oasis Hong Kong Airlines Ltd, contrary to media reports.

Asian budget carriers face challenges after Oasis collapse

15-Apr-2008
HONG KONG (Thomson Financial) - Soaring jet fuel prices, slowing economic growth and stiff competition could claim further casualties among Asian budget carriers following the collapse of Oasis Hong Kong Airlines last week, analysts said Monday.

Oasis Hong Kong Airlines Limited (Provisional Liquidators Appointed) Update on Crew Members Returning Home

14-Apr-2008
HONG KONG, April 11 /Xinhua-PRNewswire/ -- The Provisional Liquidators are pleased to announce that in the last 24 hours, sixty-six Oasis crew members arrived in Hong Kong from London and Vancouver. All the Oasis crew based in Namibia are coming home tonight. This achievement is the result of the tireless efforts of the Oasis team who have done their utmost to bring their colleagues home.

Hong Kong's Oasis founders say oil spike, cost of planes led to collapse

11-Apr-2008
HONG KONG (Thomson Financial) - The soaring cost of fuel and a decision to buy aircraft instead of renting them led to the demise of budget Hong Kong airline Oasis, the company's founders said in an open letter published Thursday.

Oasis Hong Kong chairman derails Hainan Airlines parent's rescue bid - report

11-Apr-2008
HONG KONG (XFN-ASIA) - An attempt by Hainan Airlines parent HNA Group to rescue Oasis Airlines from collapse has been derailed by Oasis chairman Raymond Lee, the South China Morning Post reported without identifying its source.

Hong Kong's Value Partners hopes to recoup Oasis investment despite liquidation

10-Apr-2008
HONG KONG (XFN-ASIA) - A major investor in Hong Kong-based budget airline Oasis said it thought it would be able to recoup much of its investment despite the carrier announcing it was in liquidation.

Hong Kong budget airline Oasis in liquidation - UPDATE

10-Apr-2008
HONG KONG (XFN-ASIA) - Hong Kong budget airline Oasis stopped flying on 9 April and announced it had gone into liquidation, just 18 months after it first took to the skies with eye-popping low fares.

Hong Kong budget airline Oasis in liquidation - chief executive

10-Apr-2008
HONG KONG (XFN-ASIA) - The chief executive of Hong Kong-based budget airline Oasis, Steven Miller, said yesterday that the carrier had gone into liquidation.

Hong Kong Oasis Airlines reportedly stops bookings amid reports of financial problems

09-Apr-2008
(XFN-ASIA) Oasis Hong Kong Airlines has reportedly stopped accepting bookings amid media reports that financial difficulties may force the company to cease operations.

Oasis Hong Kong Airlines Launches Student Bundle Fare

28-Feb-2008
Oasis Hong Kong Airlines is treating students studying in the United Kingdom, and their families, to an economical and super flexible flying option. The unprecedented Student Bundle Fare allows students to purchase roundtrip tickets at incredible value for themselves and companion, which includes unlimited travel date changes, and an unlimited number of ticket name changes for their companion.

Oasis Hong Kong Airlines Invites Its International Passengers To Fly Climate Neutral

29-Jan-2008
Oasis Hong Kong Airlines has partnered with the climate solutions company Climate Friendly , to offer its passengers the opportunity to neutralise the greenhouse gas emissions from their flights through investment in renewable energy in China. Oasis is one of the first airlines worldwide to develop a programme based on the full environmental impact of flying, supporting the use of renewable energy carbon credits.

Oasis Hong Kong announces Value Partners as Strategic Investor

05-Oct-2007
(CAPA) Oasis Hong Kong Airlines announced it has secured a USD30 million investment from the Funds under management of Value Partners Limited and its affiliates. The funds will be used for aircraft acquisition and the expansion of Oasis route network.

Oasis Hong Kong increases Hong Kong-London frequency; celebrates first anniversary of ticket sales with 3000 free tickets

29-Aug-2007
(CAPA) Oasis Hong Kong Airlines is celebrating its first anniversary of ticket sales and the launch of additional services from Hong Kong to London with 3,000 free tickets.

Oasis Hong Kong eyes Korean market

05-Jul-2007
(CAPA) Oasis Hong Kong Airlines appointed a Korean sales agent in an effort to strengthen its operations in Korea. Under the agreement with Holiday Airlines Co Ltd, travellers will be offered services on regional carrier, Hong Kong Airlines, from Cheongju International Airport, North Chungcheong Province, to Hong Kong, and connecting services to London and Vancouver, Canada, on Oasis Hong Kong Airlines.


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