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Hong Kong Government steps in for Airline Oasis collapse

By Chiara Ng
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Posted 10 April 2008 @ 12:06 pm HKT

HONG KONG (IBTimes) - Yesterday (April 9), Hong Kong Airline Oasis issued to liquidate and stop all the flights, hitting 30,000 travelers and 700 staff. Hong Kong Government is working with other airlines to take part in contingency arrangements to help the affected travelers.

Secretary for Transport & Housing Eva Cheng said the Government has put in place contingency arrangements for affected Oasis passengers.

"It is with great regret that Oasis announces that today the airline has voluntarily applied to the Hong Kong court to appoint a provisional liquidator, expressed confidence a strategic investor could be found within the next few days " Oasis chief executive Stephen Miller said at the press conference.

Secretary for Transport && Housing Eva Cheng Expresses regret and the decision will particularly affect students who are returning to London and Vancouver. While noting there should be enough seats to Vancouver to meet demand, Eva Cheng said bookings to London are scarce and travellers must prepare to take indirect flights or change their travel schedules.

However, she said priority arrangements will be given to students to get direct flights to London.

She says Cathay Pacific Airways will offer specially priced tickets and operate two new flights. Its hotline for Oasis passengers only is 2747 6181.

Passengers holding Oasis tickets should not go to the airport but call the airline's hotline 3628-0628.

Eva Cheng said Oasis ought to be responsible for making alternative arrangements and affected passengers seeking compensation should approach the airline or the Consumer Council for assistance.

The airline is reportedly suffering from an accumulated loss of HK$1 billion to issue the liquidation.

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