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Francis Wai King Fai appointed CFO at Oasis Hong Kong Airlines

Travel News Asia Latest Travel News Tuesday, 27 November 2007

Oasis Hong Kong Airlines has appointed one of Asias leading aviation industry professionals, Mr Francis Wai King Fai, as its new Chief Financial Officer.

Mr Wai has over 26 years of experience in finance and accounting: 17 years of which is in airline financing, making him one of the regions top aviation industry executives.

Most recently he was Chief Executive Officer of Macau Asia Express Limited, prior to which he was the Chief Financial Officer of Dragonair for 13 years.

In his role as Chief Financial Officer of Dragonair, Mr Wai oversaw the significant expansion of the airlines business, and its diversification into cargo operations. He was primarily responsible for budgetary cost control and strategic cost management; arranging financing and leasing for new aircraft acquisition; medium to long term strategic planning and financial planning; revenue accounting; and financial risk management.

Mr Wai is a member of The Chartered Association of Certified Accountants; The Chartered Institute of Management Accountants; and Hong Kong Institute of Certified Public Accountants.

He has qualifications from Stanford Universitys Graduate School of Business Stanford Executive Program and the Hong Kong Polytechnic University.

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