The founder and former chairman of budget carrier Oasis Hong Kong Airlines remains hopeful about its prospects, saying the company has been in talks with potential buyers. Oasis, the world's first budget long-haul airline, went into provisional liquidation last month. About 700 staff lost their jobs and around 50,000 passengers were affected. 'We're moving forward and we remain cautiously optimistic,' the Reverend Raymond Lee Cho-min said yesterday. When asked if the firm was in talks with more than one investor, Mr Lee said: '[We] do it one by one.' However, he declined to disclose details about the potential investors and the status of the negotiations. He also refused to comment on a media report about Hainan Airlines - the fourth largest airline on the mainland - possibly rescuing Oasis, saying he and his wife could not give any information at this stage. Even so, Mr Lee said he hoped the airline could find an investor before next month and announce some good news soon. A liquidation hearing is scheduled for June 11, when the provisional liquidator, accounting firm KPMG, is expected to assess the airline's financial situation. Three weeks ago, KPMG said the airline was in urgent talks with about five 'really serious' investors over rescuing the insolvent carrier or buying its assets. But no confirmed deals have been announced.