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Oasis budget airline stops flying | Oasis budget airline stops flying |
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Hundreds of passengers have been left stranded after the Hong Kong airline Oasis stopped flying and applied to go into liquidation. | Hundreds of passengers have been left stranded after the Hong Kong airline Oasis stopped flying and applied to go into liquidation. |
Oasis first flew in October 2006, offering flights from London Gatwick to Hong Kong for as little as 1,000 Hong Kong dollars (£65) each way. | Oasis first flew in October 2006, offering flights from London Gatwick to Hong Kong for as little as 1,000 Hong Kong dollars (£65) each way. |
It later added flights from Hong Kong to Vancouver. | It later added flights from Hong Kong to Vancouver. |
KPMG, appointed as liquidator, advised ticket holders to call 00852 3628 0628 or 0844 482 2323 for more information. | KPMG, appointed as liquidator, advised ticket holders to call 00852 3628 0628 or 0844 482 2323 for more information. |
Oasis operated daily flights between London and Hong Kong and six services a week between Hong Kong and Vancouver. | |
School holidays | |
Fellow Hong Kong airline Cathay Pacific is offering specially priced one-way flights for stranded Oasis passengers and is trying to schedule extra flights. | |
HOTLINE NUMBERS Hong Kong +852 3628 0628 UK 0844 482 2323 (from within UK)+44 1293 596 633 Canada and US +1 888 983 0808 | |
"There are hundreds of people stranded, including children returning after the Easter school holidays," said a Cathay Pacific spokeswoman. | |
Oasis chief executive Stephen Miller held a news conference to announce the shutdown but did not give any details of why it had happened. | Oasis chief executive Stephen Miller held a news conference to announce the shutdown but did not give any details of why it had happened. |
The Hong Kong Economic Times reported that the airline was struggling with debts of up to one billion Hong Kong dollars ($128m). | The Hong Kong Economic Times reported that the airline was struggling with debts of up to one billion Hong Kong dollars ($128m). |
Fuel prices | |
Soaring fuel bills have forced other airlines out of business recently, including the Hawaiian airline Aloha and the business class airline Maxjet. | Soaring fuel bills have forced other airlines out of business recently, including the Hawaiian airline Aloha and the business class airline Maxjet. |
Oasis was launched 18 months ago by husband-and-wife team Raymond and Priscilla Lee and employs almost 700 staff. | |
The Hong Kong government has stepped in to co-ordinate measures to help stranded passengers and is sending staff to assist at London and Vancouver airports. | |
The final Oasis flight arrived in Hong Kong from London at about 0700 GMT on Wednesday, with passengers being told the news on board. |