Talkback MSN Money charts the fate of the low cost airlines
A recent article published on Msn Money left me mildly flabbergasted to learn that whilst the 
end was nigh for low cost airlines, from October 6th I could now also fly to Hong Kong courtesy of the latest Asian low-cost airline offering to transport me for the princely sum of £75 one-way from London Gatwick travelling with start-up carrier Oasis Hong Kong Airlines. My curiosity piqued, I checked out the website and a return actually works out at roughly £260 with those menacing taxes and credit charges included but still, a fairly reasonable price in comparison to current mainstream carriers to the region.
Digging a little deeper into the Oasis deal, I came across Travel-Rants.com, a travel blog with a twist, which worryingly pointed out that Oasis Hong Kong Airlines is not a registered member of 
major travel consumer organisation ATOL or IATA and as yet to receive it’s CAA licence (application is underway). Even more surprising is the revelation that there is no legal requirement for airline companies to be registered with the International Air Transport Association and it turns out that low cost carrier heavyweights Ryanair and Easyjet aren’t members either, instead, they’re part of the European Low Fares Airline Association, which is the one that protects passengers in the event of a member airline going bust. Anyway I digress, Oasis, is almost certainly going to make waves setting precedence in long haul sector travel, a market fiercely guarded by traditional carriers as their bread-and-butter having lost the battle for customers on short-haul routes and no doubt top of the billing for the World Low Cost Airlines Congress 2006 running September 17th, 18th and 19th in London. So this article prompted me to look further into some of the lesser known low cost carriers out making in roads into the cheap long haul sector and factors affecting future air travel
