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.