Ishrion wrote:How full were their flights? There was most likely a high demand with 6 carriers on the route... even today.
The problem with Oasis was the high operational costs required to fly long-haul flights, especially at a time of soaring fuel prices. Though often billed as a budget airline, it was more accurately described as a value airline. Its tickets were offered at a discount, but some of them were by no means cheap. For example, it ran a fully fledged business-class section. And unlike most budget airlines, Oasis provided full services for economy-class passengers such as booking, ticketing, meals and baggage handling. Most budget airlines make passengers pay extra. The add-on services made Oasis attractive, and helped it gain market share in a short time. But they also incurred costs that made them unsustainable.
aemoreira1981 wrote:Also, the Boeing 747-400 is an expensive plane to fly. By contrast, if Oasis Hong Kong tried today, they would probably be using the Boeing 787-9, which is used by Chinese operators to second-tier destinations or from second-tier Chinese cities. At 254.5t MTOW, that is much lighter than the Boeing 747-400 and easier to fill at around the 275-325 seat point...and also a better cargo hauler than the B744,
Also at the time that Oasis Hong Kong was using the Boeing 747-400, competitor Cathay Pacific was going all-in on the Boeing 777-300ER, a more efficient plane.
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