Asian Carrier, Oasis Hong Kong Airlines, a long-haul low-cost airline based in Hong Kong, canceled all its flights and went into liquidation on April 9th 2008. High jet fuel costs have been attributed as detrimental to its low-cost model.
Facts about the airlines (from here)-
- Long haul low-cost airlines based in Hong Kong
- It offered premium service and spacious seats at low prices
- Hub – Hong Kong International Airport
- Fleet – 5 Boeing 747
- Destinations - London Gatwick Airport (Had planned for Vancouver International Airport)
- Misc - The airline was voted “World’s Leading New Airline” at the Annual World Travel Awards 2007
