appConfigEntityId

bodyType

customContents

entityId

entityUuid

isVideo

articlePageQuery

article

articleSchemaContent

content

hooksArticlePageAdvertisementConfigArticle

appConfig

filter

json

liveArticle

The chairman of embattled low-cost carrier Oasis Hong Kong Airlines, the Reverend Raymond Lee Cho-min,  said yesterday he was cautiously  optimistic about the possibility it would fly again.
With his wife, Priscilla, by his side, Mr Lee said he believed he had 'done a good thing' over the past 18 months. But he expressed regret that he had been unable to satisfactorily realise the start-up airline's potential.
'Everyone has been working very hard and we will continue to do so,' he said.
Mr Lee said he thanked the public for its understanding and support since the airline began service in  October 2006 and through to the present difficult period.
'I feel very bad,' he said. 'I'm  beyond words about the inconvenience this has caused.'
Mr Lee said the government had also played an invaluable role in  containing the fallout from the carrier's insolvency and he was 'looking forward to seeing the hard work lead to a fruitful conclusion'.
He  rejected recent media reports that shareholder feuding was behind the airline's demise, saying 'we are all friends'.
There has been increasing speculation of rifts between Mr Lee, who holds about 60 per cent of the airline, and other shareholders, including Allan Wong Chi-yun,  chairman of VTech Holdings, who controls about 20 per cent.
Other investors include Richard Lee,  who founded and sold apparel company Trinity Textiles, and Steven Yung,  chairman of Clear Media.



I'm hopeful of a deal, says Oasis chairman