Showing posts with label 1Time Holdings. Show all posts
Showing posts with label 1Time Holdings. Show all posts
Monday, September 9, 2013

■ SOUTH AFRICA: PAKAfrica Aviation clarifies its designs on 1Time and its launch plans.

›
PAKAviation Africa has clarified its plans to establish a new regional African carrie r using a restructured 1Time Airline (T6) as its fo...
Monday, May 20, 2013

■ SOUTH AFRICA: Pakistan's PAKAfrica Aviation eyes majority stake in 1Time Holdings, including Jetworx.

›
A new potential buyer for bankrupt LCC 1Time (T4), has emerged in the form of PAKAfrica Aviation, a Pakistani aviation group, who have pitc...
Thursday, April 25, 2013

■ SOUTH AFRICA: 1Time liquidation to be brought forward as deal with fastjet now more and more unlikely

›
On the back of  news that fastjet (FN) has entered into a partnership with South African investment firm Blockbuster and Federal Air (7V) w...
Tuesday, April 2, 2013

■ SOUTH AFRICA: Former 1Time founders place blame for airline's demise on BEE investors' shoulders.

›
The former founders of defunct South African LCC, 1Time (T6), have placed the blame for the carrier's demise squarely on the shoulders ...
Sunday, March 17, 2013

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

›
Following on from our last report, LCC fastjet (FN) is now reportedly in negotiations with a "credible local South African partner&qu...
Friday, March 8, 2013

■ TANZANIA: fastjet secures additional $23.5mln in funding from New York investment firm as 1Time's liquidation postponed until October.

›
Tanzanian based LCC, fastjet (FN), has secured an additional USD23.5million (GBP15.68million) in funding following an agreement with Bergen...
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".

›
Tanzania based fastjet (FN), has agreed to settle debts amounting to over USD2million (TAS3.14billion) owed to both the Tanzanian Revenue A...
Saturday, January 12, 2013

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

›
In another promising development following the proposed acquisition of bankrupt South African LCC 1Time (T6) by LCC fastjet (FN), its sis...
Friday, December 28, 2012

■ SOUTH AFRICA: 1Time sets late February 2013 date for resumption of service.

›
Defunct South African LCC 1Time (T6) has set 27 February 2013 as its intended date of relaunch as talks with suitor Fastjet (FN) and the ai...
Wednesday, December 19, 2012

■ SOUTH AFRICA: fastjet set to acquire 1Time for R1 with flights due in early 2013.

›
Following the recent announcement that it was in talks to buy 1Time (T6), the South African low cost airline that went into liquidation las...
Tuesday, December 4, 2012

■ SOUTH AFRICA: fastjet officially in talks to acquire 1Time Airline.

›
Following recent speculation in the South African press, fastjet (FN) has announced that it is indeed currently in negotiations with the ma...
Friday, November 9, 2012

■ ZIMBABWE: Unlucky FreshAir hoping to relaunch in December as 1Time officially heads for liquidation.

›
Nu-Aero, the 51% majority shareholders in Zimbabwean LCC, Fresh Air (Z7), have stated that flights between Victoria Falls and Johannesburg ...
Tuesday, November 6, 2012

■ SOUTH AFRICA: War of words ensues as Gigaba defends Mango, attacks Venter over Comair's disdain for 1Time.

›
The demise of LCC 1Time (T6) has led to a war of words between Comair Ltd's CEO Erik Venter and South African Minister of Public Enterp...
Monday, November 5, 2012

■ SOUTH AFRICA: FastJet Plc revealed to have been 1Time's suitors.

›
The mysterious investor, who could have been 1Time Holdings knight in shining armor during its hour of need on Friday last week, have been ...
Friday, November 2, 2012

■ SOUTH AFRICA: Knives out for SAA as 1Time goes under.

›
Embattled South African LCC, 1Time (T6), has filed for liquidation and has subsequently ceased operations as of 3pm this afternoon, 2 Novem...
Monday, October 29, 2012

■ SOUTH AFRICA: 1Time Holdings announces $5million loss for interim period ended 30 June; plans rights issue.

›
South Africa's 1time Holdings Ltd, the parent company of LCC 1Time (T6) and its sister company, Jetworx, has posted a...