Wednesday, April 9, 2008

Bloodbath 2008 - International Edition: Oasis Hong Kong bites it

Oasis Hong Kong called it quits today by suspending all flight operations and liquidating their assets as the result of plaguing financial difficulties and the inability to find new financiers. The low-cost/long-haul carrier based out of, you guessed it, Hong Kong, flew a tiny fleet of gigantic aircraft between its base and London Gatwick and Vancouver. Oasis Hong Kong operated a fleet of five 747-400s in what I thought was one of the coolest liveries out there. They had high hopes of adding additional aircraft and additional destinations to Australia, Europe and the US, but the investors never quite got on board. I guess US carriers aren't the only ones feeling the pinch. Oh well, so long baby.



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