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Greater Bay - The Area and The Airline...

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  1. #21

    Join Date
    Jun 2019
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    7,463
    Quote Originally Posted by eightfivetwo:
    We all remember the last time a tycoon tried to start a HK-based airline, with the objective of being a "value carrier" providing a premium service at a low cost, right...?
    Are you referring to HK Express? It was originally started by the late Macau gambling tycoon Stanley Ho in 2004. It was acquired by Hainan two years later. The airline ran into difficulties due to poor management and was banned by the CAD from expanding into new routes. Finally it was acquired by CX in 2019.

    A more noteworthy attempt at cracking the local air travel market was Oasis Hong Kong Airlines. Interestingly, it was started by a preacher-turned businessman. It was attempting to apply the low fare model to long haul routes, but also offering business class as well as economy. That airline lasted for just over 3 years, from 2005 to 2008, although in terms of actual flight operation, it lasted shorter than that. That airline faced stiff competition from established carriers like CX and its business model of pricing its tickets below CX, BA and other carriers proved unviable.

    Still, I would not mock or ridicule Oasis. It was a geniune attempt to offer an alternative to CX. Any extra option is a net benefit from the view of the customer. And unless one has personally experienced it, few realized just how tough being an entrepreneur of a start-up is. I am not going to blame Oasis for trying, even if they ultimately failed.
    Last edited by Coolboy; 20-09-2021 at 10:28 AM.

  2. #22

    Join Date
    Nov 2005
    Location
    Cramped island
    Posts
    5,118

    Didn't HK Express do quite well but HNA had to sell it to fund their debts ?.. and under CX it was quite smooth as well until the Covid hits..


  3. #23

    Join Date
    Aug 2008
    Location
    猴山
    Posts
    22,456

    Why does Greater Bay Airlines get such high profile coverage from the government friendly press?

    Who set--it-up / owns / runs it?

    https://www.scmp.com/search/%22Great...%20Airlines%22

    https://www.google.com/search?q=site...client=gws-wiz


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