Oasis Airlines

By capitalistsolutions

Been busy!

Oasis Airlines was grounded on their maiden flight yesterday. I was hoping this little airline would get a big start. Unfortunately, they were sideswiped by Russian red tape, which was not the airline’s fault. They had previous approval to fly over Russian airspace.

On a related note, the Hong Kong government is still restricting free competition on some airline routes, and all bus routes. From what I understand, Cathay Pacific is the main culprit for the air routes. (Were they the ones that opposed Oasis getting a license to fly in and out of Hong Kong as well?)

On an unrelated note, Teddy Wang’s father has a legal bill of $560 million for contesting his son’s estate. The cost of (in?)justice is very high in this city. Certainly lawyers should be rewarded for their intellectual ability, but this case needs more investigation. Surely it does not cost half a billion dollars to verify four pages of a hand written will.

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