be competitive, the airline offered lower than sustainable fares leading to rapidly accumulating losses. Oasis also faced stiff competition by a number of well established carriers operating on its Hong Kong-London route including Cathay Pacific, British Airways, Qantas, Air New Zealand and Virgin Atlantic, and by the fact that its competitors flew into the more convenient and centrally located Heathrow while Oasis was consigned to Gatwick. Oasis Hong Kong Airlines was liquidated on 9 April 2008. The last flight, flight O8 901, departed from Vancouver at 10:15 am and arrived at Hong Kong at 3:09 pm. The liquidator KPMG China announced the liquidation at 2:00 pm on that day and over the following few days it would conduct a search for potential buyers for the airline. On 8 July 2008, it was announced that unsecured creditors of collapsed Oasis Hong Kong Airlines, including ticket holders, will eventually receive no more than 10 percent of what they are owed, according to the airline's provisional liquidator, KPMG. On 16 September 2008, this estimate was reduced to 'less than 5%'. No timetable was given for distribution of these funds. Services Tickets were sold through the company website and travel agents. One-way fares between Hong Kong and London were launched from £75 or HK$1,000 (excluding taxes and charges), but there were actually four fare classes. As time went on fares became uncompetitive with airlines such as Air New Zealand and British Airways offering full-service for a similar price and flying from the more convenient Heathrow and supply varied from time to time. Seat pitch of economyOasis was 32" (the same as Cathay Pacific and Air Canada; one inch more than British Airways and Virgin Atlantic), and a businessOasis section offered at least 50" seat pitch. The 747-400 cabins were configured for 81 business and 278 economy passengers or 71 business and 268 economy passengers, in which a section of what were First Class seats were sold as Business Class. Two hot meals and soft drinks were served free on both long haul routes in all classes. Snacks and alcoholic drinks were also free for business class passengers and available to be ordered in economy. Free headphones, blankets and pillows were also distributed in all classes, while passengers could purchase noise-canceling headphones and amenity kits on board. Each passenger had personal seat-back TV which had at least 16 channels available, in addition to up to