Oasis Airlines
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Oasis Airlines
2006/09/05 09:05 
<ET Net News> Oasis Hong Kong Airlines, which will launch flights to London on October 25, said yesterday it might sell shares to the public as it looked to raise capital to expand its fleet of long-haul aircraft to 25 units in five years, according to chairman Raymond Lee Cho-min. "Our aim to go public eventually is driven by the desire to make Oasis available to Hong Kong investors," Mr Lee said at the airline's launch yesterday. "We were told by investment banks that this could be possible within nine months after our launch." However, market watchers reacted with scepticism to the early timeline yesterday, pointing out local regulations require a track record of no less than three consecutive years of profit before qualifying to list on the main board.
<ET Net News> Oasis Hong Kong Airlines, which will launch flights to London on October 25, said yesterday it might sell shares to the public as it looked to raise capital to expand its fleet of long-haul aircraft to 25 units in five years, according to chairman Raymond Lee Cho-min. "Our aim to go public eventually is driven by the desire to make Oasis available to Hong Kong investors," Mr Lee said at the airline's launch yesterday. "We were told by investment banks that this could be possible within nine months after our launch." However, market watchers reacted with scepticism to the early timeline yesterday, pointing out local regulations require a track record of no less than three consecutive years of profit before qualifying to list on the main board.
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I'm not getting the maths on this.
Not so much the £75 one way, but the quoted £310 MAX fare per sector.
So all the money's coming from business class? That starts at £470 + T&C - compared to Maxjet's £399 for a much shorter sector. Max price quoted as £1450, fully flexible.
They seem to be like full fare carriers in so many ways, but then say they will have a lower cost base through better asset utilisation.
Once up to full daily ops, Flt 700 arrives LGW at 06:20, but doesn't return home until 20:10 - that is a lot of sitting on the ground earning nothing.
A sector of 11 1/2 hours seems a very odd way to start up an airline - they might call themselves long haul specialists, but haven't Cathay famously been quoted as "maximising abuse of 747s" by using them on short sectors like HKG - TPE?
I'm sure there will be plenty of take up for the services at these prices, and the airline talks of $100m funding, but I would expect that they would have to increase prices quite a bit if they are going to be viable in the long run.
Not so much the £75 one way, but the quoted £310 MAX fare per sector.
So all the money's coming from business class? That starts at £470 + T&C - compared to Maxjet's £399 for a much shorter sector. Max price quoted as £1450, fully flexible.
They seem to be like full fare carriers in so many ways, but then say they will have a lower cost base through better asset utilisation.
Once up to full daily ops, Flt 700 arrives LGW at 06:20, but doesn't return home until 20:10 - that is a lot of sitting on the ground earning nothing.
A sector of 11 1/2 hours seems a very odd way to start up an airline - they might call themselves long haul specialists, but haven't Cathay famously been quoted as "maximising abuse of 747s" by using them on short sectors like HKG - TPE?
I'm sure there will be plenty of take up for the services at these prices, and the airline talks of $100m funding, but I would expect that they would have to increase prices quite a bit if they are going to be viable in the long run.
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Done a quick price check ramdom date 14MAR07-21MAR07
DEP as close as poss give or take an hour or two
LON - HKG OASIS £261.05 rtn
BA £398.00 rtn
VS £390.59 rtn
QF £399.00 rtn
CX £547.00 rtn
NZ £396.00 rtn
looks good anyone know where the a/c came from ?
DEP as close as poss give or take an hour or two
LON - HKG OASIS £261.05 rtn
BA £398.00 rtn
VS £390.59 rtn
QF £399.00 rtn
CX £547.00 rtn
NZ £396.00 rtn
looks good anyone know where the a/c came from ?
Ecce Homo! Loquitur...
The Guardian - Thursday Sep 7th - New airline to offer £75 flights to Hong Kong
A new airline is offering single flights from London to Hong Kong for as little as £75. Oasis Hong Kong launches next month, and for the next year 10% of seats on flights between Gatwick and Hong Kong will cost £75.
The most expensive economy class seat will be £225. "Increasing competition amongst no-frills budget airlines flying within Europe indicates a gap in the UK market for low-fare, long-haul travel," said Steve Miller, chief executive of the Hong Kong-based airline.
A new airline is offering single flights from London to Hong Kong for as little as £75. Oasis Hong Kong launches next month, and for the next year 10% of seats on flights between Gatwick and Hong Kong will cost £75.
The most expensive economy class seat will be £225. "Increasing competition amongst no-frills budget airlines flying within Europe indicates a gap in the UK market for low-fare, long-haul travel," said Steve Miller, chief executive of the Hong Kong-based airline.
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All very good but dont really know how they plan to make any money. Assuming JET a1 at a low £400/T and 450 pax per flight, a 744 will burn about 110T on a HKG which is £97 per punter, before you factor in Aircraft/Crew/Catering etc. The other airlines can fill up econ with cheap fares having made money on J/F.
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Had anyone tried to book yesterdays error fare für 75 GbP, where the tax was missing for flights in 2007?
It was gone by the evening and then the taxes were correct.
It was gone by the evening and then the taxes were correct.
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Arithmetic problems at Oasis!
I decided to take a look at the Oasis Hong Kong Airlines website, and stuck in some random dates in Dec/Jan to look at the fares. The basic (economy) fare each way for the dates I've picked is £265. Taxes/charges on the HKG-LGW leg are £44.38, but on the LGW-HKG leg they're a rather steep £106.67. So I hover over the tax amount to get a breakdown, and discover to my chagrin that they are charging the UK Govt's £20 economy class APD AND the £40 business class APD on the economy fare! 
I'm sure this is cock-up rather than conspiracy (the APD charge for the business class fare is correct) but it's a bit unfortunate. The airline is not only scaring away potential passengers by pricing £40 higher than it actually planned to do, but it's also opening the door to a lot of customer unhappiness when people realise that they've been overcharged - at the very least there'll be a major administrative task to refund all the wrongly-collected APD to people's credit cards. Hope it gets fixed soon (and yes, I've emailed their info address to flag this up).
(PS: as of 18 Oct it was fixed.)
I'm sure this is cock-up rather than conspiracy (the APD charge for the business class fare is correct) but it's a bit unfortunate. The airline is not only scaring away potential passengers by pricing £40 higher than it actually planned to do, but it's also opening the door to a lot of customer unhappiness when people realise that they've been overcharged - at the very least there'll be a major administrative task to refund all the wrongly-collected APD to people's credit cards. Hope it gets fixed soon (and yes, I've emailed their info address to flag this up).
(PS: as of 18 Oct it was fixed.)
Last edited by Cyrano; 18th Oct 2006 at 07:24. Reason: credit where credit's due - they fixed it
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OASIS HONG KONG AIRLINES SUCCESSFULLY OBTAINS AIR OPERATOR’S CERTIFICATE
* Hong Kong’s first and only low fare, long-haul airline set to commence non-stop flights to London Gatwick on October 25
* Affordable luxury in business class at HK$6,600 and HK$1,000 in economy class still available for Christmas and Chinese New Year
Hong Kong, October 20, 2006 – Oasis Hong Kong Airlines, Hong Kong’s only low fare, long-haul airline, today celebrated another milestone when the Civil Aviation Department awarded the airline its Air Operator’s Certificate after it successfully completed its proving flight on October 16. The airline is set to make its inaugural flight to London Gatwick on October 25, offering four flights per week initially.
This significant news comes on top of Oasis Hong Kong Airlines’ sale of over 18,000 tickets since it started accepting reservations in early September. In addition, the airline will offer all business and economy class tickets between Hong Kong and London at their lowest fare levels of HK$1,000 in economy class and HK$6,600 in business class one-way between October 25 and November 30 to celebrate its inaugural month.
Stephen Miller, Chief Executive Officer of Oasis Hong Kong Airlines, said: “We take great pride in announcing that we now have the Air Operator’s Certificate, having fulfilled all the requirements by the authorities. Passengers who may have been holding off booking their flights now have no reason at all to delay making their reservations. With overwhelming ticket sales achieved for our inaugural month promotion, we are excited about our mission of offering accessible and affordable long-haul travel for thousands of Hong Kong people with two state-of-the-art Boeing 747-400s.
“With the expected arrival of our second aircraft next month, we will increase to a daily flight starting from November 25. After London, we aim to fly to Oakland (San Francisco area) in California in the first quarter of 2007 and later to other European and North American cities including Cologne/Bonn, Milan, Berlin and Chicago, providing business and leisure travellers with highly competitive fares to a wider range of desirable long-haul destinations.”
Despite the airline’s strong record of 1,100 ticket sales sold daily, currently the incredible HK$1,000 and HK$6,600 “hot deal” tickets are still available for Christmas and Chinese New Year. Quick booking is advised as around 80% of the tickets in this lowest price bracket have already been sold. Oasis Hong Kong Airlines’ price promise ensures 10% of economy class seats on every flight at the HK$1,000 amazing rate for at least one year after its launch. Customers can make their bookings through travel agents, online at oasishongkong.com or through the customer service call centre (3628 0628).
* Hong Kong’s first and only low fare, long-haul airline set to commence non-stop flights to London Gatwick on October 25
* Affordable luxury in business class at HK$6,600 and HK$1,000 in economy class still available for Christmas and Chinese New Year
Hong Kong, October 20, 2006 – Oasis Hong Kong Airlines, Hong Kong’s only low fare, long-haul airline, today celebrated another milestone when the Civil Aviation Department awarded the airline its Air Operator’s Certificate after it successfully completed its proving flight on October 16. The airline is set to make its inaugural flight to London Gatwick on October 25, offering four flights per week initially.
This significant news comes on top of Oasis Hong Kong Airlines’ sale of over 18,000 tickets since it started accepting reservations in early September. In addition, the airline will offer all business and economy class tickets between Hong Kong and London at their lowest fare levels of HK$1,000 in economy class and HK$6,600 in business class one-way between October 25 and November 30 to celebrate its inaugural month.
Stephen Miller, Chief Executive Officer of Oasis Hong Kong Airlines, said: “We take great pride in announcing that we now have the Air Operator’s Certificate, having fulfilled all the requirements by the authorities. Passengers who may have been holding off booking their flights now have no reason at all to delay making their reservations. With overwhelming ticket sales achieved for our inaugural month promotion, we are excited about our mission of offering accessible and affordable long-haul travel for thousands of Hong Kong people with two state-of-the-art Boeing 747-400s.
“With the expected arrival of our second aircraft next month, we will increase to a daily flight starting from November 25. After London, we aim to fly to Oakland (San Francisco area) in California in the first quarter of 2007 and later to other European and North American cities including Cologne/Bonn, Milan, Berlin and Chicago, providing business and leisure travellers with highly competitive fares to a wider range of desirable long-haul destinations.”
Despite the airline’s strong record of 1,100 ticket sales sold daily, currently the incredible HK$1,000 and HK$6,600 “hot deal” tickets are still available for Christmas and Chinese New Year. Quick booking is advised as around 80% of the tickets in this lowest price bracket have already been sold. Oasis Hong Kong Airlines’ price promise ensures 10% of economy class seats on every flight at the HK$1,000 amazing rate for at least one year after its launch. Customers can make their bookings through travel agents, online at oasishongkong.com or through the customer service call centre (3628 0628).
Ecce Homo! Loquitur...
BBC: HK's new budget airline takes off
Hong Kong's first budget airline, Oasis, has taken off on its inaugural flight to London.......
The first flight - to Gatwick airport - took off at 1300 local time (0500 GMT) and was fully booked.......
Hong Kong's first budget airline, Oasis, has taken off on its inaugural flight to London.......
The first flight - to Gatwick airport - took off at 1300 local time (0500 GMT) and was fully booked.......