Official it seems, post taken from Forbes
http://www.forbes.com/business/energ...ap1801596.html
A former executive at Hong Kong's Dragonair plans to launch a new budget airline that will fly long-haul routes rather than the short hops preferred by other discount carriers, local media reported Thursday.
The new carrier, Oasis Hong Kong Airlines, plans to begin services to European cities by the end of 2005, with Berlin, Vienna, Cologne and Milan cited as possible locations, the South China Morning post said. Service to the North American market could come in 2006.
Steve Miller, a founder of Dragon Airlines Ltd., will serve as chief executive of the new carrier.
"It's been 20 years since I founded Dragonair, and I had never thought of starting another airline in Hong Kong until now because the timing wasn't right and the government's attitude wasn't right," Miller was quoted as saying by the Post. "But now is the time."
The airline plans to operate a small fleet of Boeing 747-400 or Airbus A340-300 aircraft, starting with three planes and expanding to five within two years, the paper reported.
The Ming Pao Daily News quoted Miller as saying that roundtrip fares to Europe would cost between 4,000 Hong Kong dollars (US$512, euro393) and HK$5,000 (US$641, euro492).