Oasis Hong Kong Airlines liquidation confirmed
Posted on May 9th, 2008 in Travel News
Oasis Hong Kong Airline’s CEO, Stephen Miller, told a press conference this afternoon that Oasis has suspended its flights and that liquidators will seek new investors.
Miller said: “It is with great regret that Oasis Hong Kong Airlines has today voluntarily applied to the Hong Kong courts to appoint a liquidator.”
The airline shut down today, 18 months after its launch in 2006. It is the fourth airline in two weeks to cease operations.
It is not yet clear how many passengers will be affected. All flights on Oasis departing from Hong Kong have been cancelled. Passengers holding tickets are advised to contact a hotline.
The fate of the airline’s 700 employees has not been confirmed.
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