The former founders of defunct South African LCC, 1Time (T6), have placed the blame for the carrier's demise squarely on the shoulders of the Black Economic Empowerment consortium who acquired a 25% shareholding in the airline.
Tuesday, April 2, 2013
Friday, November 2, 2012
Embattled South African LCC, 1Time (T6), has filed for liquidation and has subsequently ceased operations as of 3pm this afternoon, 2 November 2012.
Thursday, October 11, 2012
■ SOUTH AFRICA: 1Time to retire two aircraft and shed 15% of workforce as part of cost cutting measures.
As part of its fight to remain afloat financially, troubled South African LCC, 1Time (T6), has announced that it is to cut its fleet down from 10 to 8 aircraft with plans to trim its workforce down by 15%.
Sunday, October 7, 2012
■ SOUTH AFRICA: 1Time wants reductions in fuel levy, taxes as private airlines react angrily to SAA bailout.
1Time (T6), the South African LCC, has clarified the air over reports in the press that it had written to the South African government seeking a bail out (akin to what national carrier South African Airways (SA) secured last week), stating that their proposal centred around the South African government subsidising the airline industry as a whole with selected levies and taxes, and not to only offer unfair bail outs to South African Airways and its affiliate SAExpress (XZ).