Hong Kong budget airline Oasis in liquidation - chief executive

Tags :Loyalty & Other, Oasis Hong Kong


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.

"It is with great regret that Oasis Hong Kong Airlines has voluntarily applied to the Hong Kong courts to appoint a liquidator," Miller told a press conference.

Earlier, the Hong Kong Economic Times reported a "rumor" that the company was struggling under debts of up to 1 bln hkd and would cease flying from 9 April. 

Other Oasis Hong Kong News

• oneworld now offers domestic flights in a fourth South American country
• Hong Kong budget airline Oasis formally wound up
• Hong Kong budget airline Oasis has flight licences revoked
• Cheung Kong denies rumored move to buy defunct Oasis Hong Kong Airlines
• Asian budget carriers face challenges after Oasis collapse
• Oasis Hong Kong Airlines Limited (Provisional Liquidators Appointed) Update on Crew Members Returning Home
• Hong Kong's Oasis founders say oil spike, cost of planes led to collapse
• Oasis Hong Kong chairman derails Hainan Airlines parent's rescue bid - report
• Hong Kong's Value Partners hopes to recoup Oasis investment despite liquidation
• Hong Kong budget airline Oasis in liquidation - UPDATE

Show All Oasis Hong Kong News...