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Old 24th Jun 2011, 12:20
  #37 (permalink)  
geh065
 
Join Date: Dec 1999
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the subtle difference is money...
Oasis was privately funded, HKA has the HNA group behind it. Mainland tax dollars....
I keep hearing this, and whilst true, it can only last so long. It takes a lot of money to run a fleet of nearly 100 planes including A380s and 747-8s and if you cannot make a profit, the losses are potentially huge. China may have a lot of money but Chinese businessmen are not morons. They will want a eturn on their investment, and if HKA ends up being a black hole of money, the rich backers will pull the plug. Forget millionaires, you would need a multi multi billionaire willing to throw all their money away in order to keep this venture going.
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