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onebir
Joined: 17 Nov 2007
Posts: 48
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 Posted: Tue Apr 15, 2008 5:57 am Post subject: "Where Oasis has failed, others will prosper" |
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According to this, Oasis's problems may have stemmed from under-utilisation of its fleet.
I'm kind of surprised Air Asia isn't trying to take over Oasis. Their fleet might be incompatible with the AA fleet - but presumably it could be leased out. And a secondary hub in HK & the extra routes might well suit AA... |
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Konangrit
Joined: 27 Nov 2007
Posts: 106
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| Posted: Wed Apr 16, 2008 5:25 am Post subject: |
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| I'm not sure about the regulations in Hong Kong, but most Asian countries don't allow majority ownership of airlines by foreigners. AirAsia would probably have to find a local investor, similar to how Thai AirAsia is only 49% owned by AirAsia. |
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attitudetravel
Joined: 15 Nov 2007
Posts: 358
Location: London, UK
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| Posted: Tue Jun 10, 2008 7:57 pm Post subject: |
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This from Agence France Presse at the end of last week:
| Quote: | Hong Kong budget airline Oasis has flight licences revoked
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. [...] This means that even if, somehow, their business is revived in the future, they would still need to apply for new air transport licences to run flight services,' a government spokeswoman told Agence France-Presse. |
Source: Hong Kong budget airline Oasis has flight licences revoked
I don't think there's much hope left that a group of investors is planning to step in and save Oasis now, is there? If there were, surely someone would have released a statement by this point.
What I found most interesting was the paragraph towards the bottom of the piece:
| Quote: | | The revoked permits allowed the airline to run flights on routes between Hong Kong and London, Berlin, Chicago, Sydney, San Francisco, Singapore, Bangkok, and a few other international cities. |
Hmmm.... so.... Oasis was intending (at some point) to introduce short-haul routes within Asia from Hong Kong to Singapore and Bangkok.
Really??!
Oasis was excellent at providing the long-haul low cost air service it did (until it failed) but was it really planning to go into direct competition against Jetstar Asia, Tiger Airways and Air Asia simultaneously?!
Kudos. |
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onebir
Joined: 17 Nov 2007
Posts: 48
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| Posted: Wed Jun 11, 2008 9:34 am Post subject: |
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| Quote: | Oasis was excellent at providing the long-haul low cost air service it did (until it failed) but was it really planning to go into direct competition against Jetstar Asia, Tiger Airways and Air Asia simultaneously?!
Kudos. |
Maybe. But I think it was more likely the permissions were obtained to allow them to improve connectivity of their longhaul flights. if this was obvious from the timetable, it wouldn't be so likely to create a competitive response from the incumbents. (And if Oasis also managed to provide a connecting flight service, they wouldn't really be able to challenge this.) |
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