Oasis Airline

Founding Father Joined : 06 Jun 2007 Posts : 1704

Stop Crying Your Heart Out lads. Some Might Say this airline is Slide(ing) Away and Going Nowhere, but it's the Force Of Nature. D'Ya Know What I Mean?

Founding Father Joined : 05 Jun 2007 Posts : 3522

very good, some of these hilarious puns will Live Forver I'm sure

Founding Father Joined : 05 Jun 2007 Posts : 3522

so have they gone bust? What's The Story?

Founding Father Joined : 06 Jun 2007 Posts : 1704

John, after news like this there's only one thing for it........Cigarettes and Alcohol mate!

Edgar Davids Joined : 06 Jun 2007 Posts : 2596

Oh dear they've made a right Digsy's Dinner of it. It'll be less Up In The Sky All Around The World and more Bring It On Down and asking yourself Where Did It All Go Wrong?
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Pulling on a spurs shirt is like getting a hug from God

Gary Stevens Joined : 08 Jun 2007 Posts : 1063

I was really hoping this news would Fade Away and that it was just All in the Mind, but clearly my students and I won't be going All Around The World so I'll just have to Roll with it and Keep the Dream Alive.

Dan - I did pay by credit card so I'll look into it but for now, Listen Up, Let's all make believe it didn't happen.
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We're the Park Lane, we're the Park Lane, we're the Park Lane TOTTENHAM.

Edgar Davids Joined : 06 Jun 2007 Posts : 2497

Oasis Hong Kong: Ceasing Airline Operations Immediately

HONG KONG -(Dow Jones)- Budget carrier Oasis Hong Kong Airlines Ltd. said Wednesday it had shut down its operations after being in service for just over 17 months.

Oasis said it had applied to Hong Kong's High Court to have its assets liquidated, and accounting firm KPMG had been appointed as provisional liquidators.

Flights were being canceled immediately, Oasis Chief Executive Stephen Miller told a news conference.

KPMG partner Edward Middleton told the news conference the liquidators were exploring the company's options.

Oasis, which offered one-way fares to London for as low as HK$1,000, had been operating four used Boeing 747-400 aircraft on flights to London and Vancouver.

The Hong Kong Economic Times reported Wednesday that Oasis had accumulated a loss of HK$1 billion since it was launched in October 2006. Oasis and KPMG didn't immediately address this issue in their news conference.

More articles at http://au.news.search.yahoo.com/search/news?p=oasis&source=
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To dare is to do

Edgar Davids Joined : 06 Jun 2007 Posts : 3552

Gary Stevens Joined : 08 Jun 2007 Posts : 1063

Was interviewed by three newspapers and two TV stations today - shame I didn't have my SiHK shirt on. School has promised to 'try' to cover all losses, which might add up to $200,000 by the time this all blows over. Time for another double whisky.
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We're the Park Lane, we're the Park Lane, we're the Park Lane TOTTENHAM.

Edgar Davids Joined : 06 Jun 2007 Posts : 2497

Gary Stevens Joined : 08 Jun 2007 Posts : 1063