PAKAviation Africa has clarified its plans to establish a new regional African carrier using a restructured 1Time Airline (T6) as its foundation. According to the Dubai/Pakistani-backed firm, 1Time Holdings Ltd is to be used as a housing company for assets once a controlling stake (still pending regulatory approval) is acquired.
Showing posts with label 1Time Holdings. Show all posts
Showing posts with label 1Time Holdings. Show all posts
Monday, September 9, 2013
Monday, May 20, 2013
■ SOUTH AFRICA: Pakistan's PAKAfrica Aviation eyes majority stake in 1Time Holdings, including Jetworx.

Labels:
1Time,
1Time Holdings,
Jetworx,
PAKAfrica Aviation,
Pakistan,
South Africa
Thursday, April 25, 2013
■ SOUTH AFRICA: 1Time liquidation to be brought forward as deal with fastjet now more and more unlikely

Labels:
1Time,
1Time Holdings,
Liquidation,
South Africa
Tuesday, April 2, 2013
■ SOUTH AFRICA: Former 1Time founders place blame for airline's demise on BEE investors' shoulders.

Sunday, March 17, 2013
■ SOUTH AFRICA: fastjet in talks with local South African partner to bypass 25% foreign ownership cap in 1Time.

Labels:
1Time,
1Time Holdings,
FastJet,
Partnership,
South Africa,
South Africa Government
Friday, March 8, 2013
■ TANZANIA: fastjet secures additional $23.5mln in funding from New York investment firm as 1Time's liquidation postponed until October.

Friday, March 1, 2013
■ TANZANIA: Fastjet to settle $2mln in debts with Tanzanian taxman, Airports Authority as deal with 1Time said to be under "reconsideration".

Saturday, January 12, 2013
■ SOUTH AFRICA: 1Time's Jetworx MRO to be taken over by the American Industrial Acquisition Corporation.

Friday, December 28, 2012
■ SOUTH AFRICA: 1Time sets late February 2013 date for resumption of service.

Labels:
1Time,
1Time Holdings,
FastJet,
Johannesburg,
Resumption,
South Africa
Wednesday, December 19, 2012
■ SOUTH AFRICA: fastjet set to acquire 1Time for R1 with flights due in early 2013.

Labels:
1Time,
1Time Holdings,
AOC,
FastJet,
Finances,
Fly540,
FreshAir,
South Africa,
Zimbabwe
Tuesday, December 4, 2012
■ SOUTH AFRICA: fastjet officially in talks to acquire 1Time Airline.

Labels:
1Time,
1Time Holdings,
Ed Winter,
FastJet,
Fly540,
South Africa
Friday, November 9, 2012
■ ZIMBABWE: Unlucky FreshAir hoping to relaunch in December as 1Time officially heads for liquidation.

Labels:
1Time,
1Time Holdings,
Bankruptcy,
FreshAir,
Johannesburg,
Liquidation,
Nu Aero,
South Africa,
Victoria Falls,
Zimbabwe
Tuesday, November 6, 2012
■ SOUTH AFRICA: War of words ensues as Gigaba defends Mango, attacks Venter over Comair's disdain for 1Time.

Monday, November 5, 2012
■ SOUTH AFRICA: FastJet Plc revealed to have been 1Time's suitors.

Labels:
1Time,
1Time Holdings,
FastJet,
South Africa
Friday, November 2, 2012
■ SOUTH AFRICA: Knives out for SAA as 1Time goes under.

Labels:
1Time,
1Time Holdings,
Bankruptcy,
Blackie Komani,
Erik Venter,
Liquidation
Monday, October 29, 2012
■ SOUTH AFRICA: 1Time Holdings announces $5million loss for interim period ended 30 June; plans rights issue.

Labels:
1Time,
1Time Holdings,
ACSA,
Finances,
South Africa
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