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Greater Bay - The Area and The Airline...

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  1. #21

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    Jun 2019
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    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.
    jayinhongkong likes this.

  2. #22

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    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

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    Aug 2008
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    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


  4. #24

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    Boeing Co. is set to score a 15-strong order for 737 Max jets from Greater Bay Airlines Co., a person familiar with the matter said, a win for the US company over rival Airbus SE, which had also been vying to supply planes that will be the backbone of the Hong Kong carrier’s operations.

    Yahoo Finance: Boeing Set to Score 15 Max Jet Order From Hong Kong Airline.

    https://finance.yahoo.com/news/boein...145132590.html
    Beanieskis likes this.

  5. #25

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    Feb 2009
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    https://www.scmp.com/news/hong-kong/...fleet-3-leased

    More competition is good news for Hong Kong travellers. Seems they are aiming to have long haul routes in future too.