For those who think the closing down of Oasis will not affect ticket prices, please think again.
Before Oasis arrived into YVR, Cathay prices were rather high, and once Oasis flew here, not ONLY did Cathay lower their prices to match that of Oasis', but they also added 1 more daily flight to/from HKG...lowering prices and adding an extra flight just to try and kill the competition, i must say it was a smart and not really profitable move by Cathay, but now that Oasis is finally closing down...the rest is history.
All i can say is that i worked with Oasis and their passenger loads were rather low for the past couple of months (with the exception of Spring Break of course), so this was expected, we just didnt know exactly when.
Now for those who never thought Oasis would last or that they were doomed from the start, good for you. but you never thought of it the other way around. Oasis' presence was a threat to the other airlines, therefore, competitive pricing, and during high peak seasons (spring break, christmas, summer time), it relieved some of the traffic and allowed more people to go to HKG. Now with Oasis gone, you will see ALL jam-packed flights on Cathay and AC, plus SOARING ticket prices...so bravo Oasis-haters, your wish came true |