Oasis HK Air halts operation

Image via WikipediaOasis HK Air, one of the airlines providing cheap flights, is on its way down I learn from Market Watch:

The Hong Kong-based carrier, which flies routes to London and Vancouver, reportedly had accumulated a loss of HK$1 billion (US$128 million) since it launched in October 2006, according to the Chinese-language business daily HK Economic Times.

Oasis operated four Boeing 747-400 aircraft. The airline had earlier said it was planning to expand its route network and had applied for licenses to serve San Francisco, Chicago, Bonn, Berlin and Milan.

That is a pity, I did not use them yet, but they were certainly high on my agenda. While I do enjoy as a frequent flier business class in KLM, Air France or Lufthansa, I would only use their excellent service when somebody else picks up the bill. When I pay myself, in stead of spending days in comparing frequent miles programs, I would rather pick up the most affordable flight for the moment. Not very encouraging news for all the marketing departments, but when my stay in China has caused one important change, it is an allergy for corporate speak and MBA-induced bullshit.
Unfortunately, higher oil prices and collapsing airline companies is making that life not easier.