Oasis Hong Kong Airlines
Low-cost airline based in Hong Kong / From Wikipedia, the free encyclopedia
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Oasis Hong Kong Airlines Limited (Chinese: 甘泉香港航空公司) was a long-haul, low-cost Asian airline. It operated scheduled services to London Gatwick Airport and Vancouver International Airport from its hub, Hong Kong International Airport.[1] The airline offered low fares as its selling technique, which was similar to the operation principle of a low-cost airline.
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Founded | February 2005 (2005-02) | ||||||
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Ceased operations | 9 April 2008 (2008-04-09) | ||||||
Hubs | Hong Kong International Airport | ||||||
Headquarters | Hong Kong | ||||||
Key people | Stephen H. Miller, (CEO) Rev. Raymond C. Lee & Priscilla H. Lee, (chairman and Executive Director) |
Oasis Hong Kong Airlines | |||||||||||||
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Chinese | 甘泉香港航空 | ||||||||||||
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Oasis was one of a growing number of long-haul passenger airlines, such as Zoom Airlines, to adopt a budget airline model pioneered by the now defunct Laker Airways Skytrain service in the 1970s. Oasis offered non-stop service from Hong Kong to London, and began a service to Vancouver on 28 June 2007.[2] The airline was voted "World's Leading New Airline" at the Annual World Travel Awards 2007.[3]
Much of the original success of Oasis Hong Kong was due to the airline's widely advertised minimum fares beginning at just GBP£75 one way. However, fares later became much less competitive.
On 9 April 2008, Oasis's CEO Stephen Miller announced at a press conference that the company would cease operations after suffering an accumulated loss of HK$1 billion (US$128 million) since its launch in October 2006. Accounting firm KPMG was appointed provisional liquidator by the airline.[4]