Oasis Airlines halts operations
Another carrier has been hit by the high cost of fuel and stiff competition. Asian low cost carrier, Oasis Airlines, flying the Vancouver Hong Kong and London Hong Kong routes has halted operations after just 17 months in operation. The Hong Kong Economic Times suggested that Oasis had been loosing money on virtually every flight it flew.
Many passengers are holding tickets for future flights since they were being sold until the end of March. Executives for the Oasis said they were looking for a way to help customers affected by the shutdown. A government official on Wednesday told reporters it is negotiating with other airlines that fly Oasis’ routes to get them to provide low-cost tickets to its customers.
“We sympathize with the many passengers…who have been stranded by the Oasis’ decision, and we will do our very best to help them through this difficult and stressful period,” Cathay Chief Executive Tony Tyler said in a statement. Cathay has established a help site for ticket holders offering a special one way fare of $320 on the Vancouver HongKong route. More information can be found at http://www.cathaypacific.com/cpa/en_CA/offerspromotions/offerdetails?refID=277c9cdd60d29110VgnVCM10000010d21c39____
The Oasis website http://www.oasishongkong.com
Tags: Oasis Airlines
