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Oasis=Bye Bye Forever?  
User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9498 posts, RR: 13
Posted (7 years 10 months 5 days 23 hours ago) and read 2257 times:

I suppose Oasis is gone forever right? Quite surprised that no one wanted to buy them.

Will anyone pick up its assets and form a new airline? Any chance of seeing the 4th Hong Kong based airline using B 747s again?

2 replies: All unread, jump to last
User currently offlineThe Coachman From Australia, joined Apr 2001, 1437 posts, RR: 0
Reply 1, posted (7 years 10 months 5 days 19 hours ago) and read 2092 times:

Why would you buy an airline when you could purchase the assets of the carcass in a firesale liquidators' sale?

M88, 722, 732, 733, 734, 73G, 73H, 742, 743, 744, 752, 762, 763, 772, 773, 77W, 320, 332, 333, 345, 388, DH8, SF3 - want
User currently offlineUA76Heavy From United States of America, joined Apr 2007, 181 posts, RR: 0
Reply 2, posted (7 years 10 months 5 days 18 hours ago) and read 1993 times:

I read (I think it was in AWST) that many in the finance world viewed O8 as being under-capitalize for the business model they were pursuing (no feeders, just OD traffic). In their short existence, they racked up a lot of debt, in which case if you bought the airline you'd also be buying its debt. Similar situation to AQ.

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