Oasis Hong Kong Airlines folds

Low cost long-haul operator Oasis Hong Kong Airlines has gone into voluntary liquidation and cancelled all flights. KPMG, the liquidators, are looking for buyers. At the time of writing, Oasis Hong Kong’s website was offline.

The airline launched in October 2006 and offered flights between Gatwick and Hong Kong, and between Vancouver and Hong Kong. After six months it reported that it had reached break-even, which makes today’s news a bit of a bolt from the blue.

Rival Cathay Pacific has set up a hotline for affected passengers in Hong Kong at +852 2747-6181. Times Online quotes a London number as well: +44 (0)20 8834 8893. A special page has been added to Cathay Pacific’s site with information about their offer. “Cathay Pacific is committed to helping as far as it can Oasis ticket holders who have confirmed bookings on its London and Vancouver routes in the coming two weeks,” it says, while pointing out that availability of flights is limited because of heavy bookings. They’re also hoping to put on 2 extra flights on 11 and 13 April, “subject to Government approval.”