1time

South African low-cost airline September 2019 1time Airline 1timeAirlineLogo.png 250 11 (in 2012) 9 (in 2012) T6 RNX NEXTIME 1time Holdings 2003 25 February 2004 2 November 2012 Kempton Park, Ekurhuleni, Gauteng, South Africa CEO: Blacky Komani Chairman: Sipo Twala Operations Manager: James Budge Cape Town International Airport King Shaka International Airport OR Tambo International Airport 1time.aero/ 1time Airline (Pty) Ltd commonly called 1time was a South African low-cost airline that operated between 2004 and 2012. Based in the Isando Industrial Park in Kempton Park, Ekurhuleni, Gauteng,"Contact Numbers https://web.archive.org/web/20100917033656/http://1time.aero/ 17 September 2010 ." 1time. Retrieved on 6 February 2011. "16 QUALITY ROAD, ISANDO, KEMPTON PARK " 1time operated scheduled domestic and regional services. Its main base was OR Tambo International Airport, Johannesburg. Directory: World Airlines Flight International 44 27 March 2007 The name of the company, "one time!", is a South African expression meaning "for real!"."About Us https://web.archive.org/web/20110902211931/https://www.1time.aero/aqueduct/1time/Content.View?Page=View.AboutUs_AllAboutUs&Aqueduct_SessionKey=d5e847f4f581fcc92f32bbb5cf985347 2 September 2011 ." 1time. Retrieved on 1 March 2010. "The name 1time, is a reflection of the South African soul of the company. In South Africa, the phrase "one time!" is a colloquialism meaning "for real!"." In November 2012 the airline went into liquidation and ceased operations.Henama Unathi Sonwabile 2014 The demise of 1Time Airline and the reaction of various interest groups https://www.ajhtl.com/uploads/7/1/6/3/7163688/article_29_vol_3_2_2014_july.pdf African Journal of Hospitality, Tourism and Leisure 3 2 1-11 History Early history The founders owned an aviation holding company, Afrisource Holdings, through which they owned Aeronexus, an aviation company that offered various aircraft services (and performed maintenance for 1time).2009-01-13 1Time to spread wings over Africa https://businessreport.co.za/companies/2009-01-13-1time-to-spread-wings-over-africa/ 2026-03-24 Business Report en 1time itself commenced ticket sales in January 2004, and started flying on 25 February 2004, with three daily return flights between OR Tambo International Airport and Cape Town International Airport. The Avstar Group acquired a 15% shareholding in 1time Holdings, and under the deal the airline leased two additional 157-seat McDonnell Douglas MD-83 aircraft from the Group. In 2006 1time carried over a million passengers on services to eight destinations.Airliner World, February 2007 The airline was owned by Afrisource Holdings (50%), MKJH Trust (30%) and Mogwele Investments (20%) and had 420 employees (at March 2007). 1time Holdings made an IPO on the Johannesburg Securities Exchange (JSE) on 14 August 2007.1time Holdings Limited https://freeinvestmentadvice.org/South-Africa/shares/1time/financials/Prospectus.pdf https://web.archive.org/web/20260324075916/https://freeinvestmentadvice.org/South-Africa/shares/1time/financials/Prospectus.pdf 2026-03-24 2026-03-24 freeinvestmentadvice.org Provisional liquidation On 22 August 2012, it was reported that 1time had filed for business rescue to give it protection from its creditors because it was "financially distressed".Low-cost airline 1time files for business rescue 22 August 2012 http://mg.co.za/article/2012-08-22-34-low-cost-airline-1time-files-for-business-rescue 22 August 2012 1time ceased operations and filed for liquidation on 2 November 2012, cancelling all flights and stranding hundreds of passengers, after a final meeting with shareholders. The airline's final flight was at 15:00 on the day it was liquidated.Hundreds stranded as 1time cans flights http://www.fin24.com/Companies/TravelAndLeisure/Hundreds-stranded-as-1time-cans-flights-20121102 2 November 2012 The airline later issued the following statement on its website:1time web site http://www.1time.aero/ 2 November 2012 https://web.archive.org/web/20121101064603/https://www.1time.aero/ 1 November 2012 dead 1time Airline has applied for business liquidation and all of its operations have been grounded with immediate effect. The business rescue practitioner has advised that there are no reasonable prospects of survival as a potential financier notified us this afternoon that they are no longer able to invest in our airline. It is therefore with the utmost regret, disappointment and heartfelt disbelief that we have to file for liquidation, which means the end of a dream and an era for all of us. I sincerely thank our employees who worked so hard over the years to drive 1time's business, the travel trade who have been steadfast in their support, and our passengers who carried and maintained 1time during our most difficult and trying financial times, your loyalty is appreciated. Although 1time ceases to exist, the airline that we've built up through blood, sweat, tears and undeniable passion, will live on in the hearts of our passengers and also our competitors, who know that they have lost a formidable and world-class player in the low cost market. Blackie Komani (1Time CEO) On 6 November 2012, Dr Gerhard Holtzhauzen, 1time's business rescue practitioner, filed an application for the termination of the Business Rescue proceedings, and for the airline to be placed under provisional liquidation. The North Gauteng High Court issued a provisional liquidation order on 7 November 2012, and decreed that the return date for the order would be 11 December 2012, at which time the court will rule on the final closure of the business.1time web site http://www.1time.aero/ 19 November 2012 https://web.archive.org/web/20121101064603/https://www.1time.aero/ 1 November 2012 dead On the same date, the Master of the High Court appointed Aviwe Ndyamara as the provisional liquidator. On 19 December 2012 Fastjet announced Stock Exchange announcement 19 December 2012 http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11433765 19 December 2012 https://archive.today/20130128013231/http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11433765 28 January 2013 dead dmy-all that it had entered into an option agreement to buy the entire issued share capital of 1time Airline, and planned to take over up to three of the aircraft that were in the 1time fleet, and operate services on domestic South African routes. However, negotiations with the liquidator appear to have lapsed. Fastjet puts off SA plans to focus on Tanzania 14 June 2013 http://www.bdlive.co.za/business/transport/2013/06/14/fastjet-puts-off-sa-plans-to-focus-on-tanzania 4 July 2013 Low-cost carrier in South Africa was liquidated in November 20121 Time Airline https://www.airlines-inform.com/world_airlines/1_time_airline.html Destinations right|thumb|250px|1time McDonnell Douglas MD-83 ZS-OPX at OR Tambo International Airport At the time operations ceased, 1time flew to the following destinations: South Africa Cape Town – Cape Town International Airport Focus City Durban – King Shaka International Airport Focus City East London – East London Airport George – George Airport Johannesburg 1time withdraws from Lanseria http://www.iol.co.za/news/south-africa/kwazulu-natal/1time-withdraws-from-lanseria-1.1307350#.T8iTb9W_Fto IOL 29 May 2012 1 June 2012 – OR Tambo International Airport Hub Port Elizabeth – Port Elizabeth Airport Tanzania Zanzibar – Zanzibar International Airport Zambia Livingstone – Livingstone Airport Zimbabwe Victoria Falls – Victoria Falls Airport Fleet right|thumb|250px|1time McDonnell Douglas MD-83 ZS-TRL at OR Tambo International Airport right|thumb|250px|1time's McDonnell Douglas MD-87 ZS-TRH in AVIS livery at Lanseria International Airport At the time operations were suspended, the 1time fleet consisted of the following aircraft:December 2024 + 1time fleetAircraftInServicePassengershttp://www.1timeholdings.co.za/1timeair.htm#planes 1time Airline 1time holdings 17 November 2012 https://web.archive.org/web/20120211211917/http://www.1timeholdings.co.za/1timeair.htm#planes 11 February 2012 dead NotesMcDonnell Douglas MD-823157McDonnell Douglas MD-835157McDonnell Douglas MD-873132Total11 Additionally, the airline previously operated at least x1 Boeing 737-200 and x5 Douglas DC-9s.February 2025 See also Kulula.com, another South African low-cost airline Mango, another South African low-cost airline References Günter Endres Flight International World Airlines 2010 2010 Reed Business Information Sutton, Surrey, England 978-1-898779-39-1 External links South Africa Companies Aviation Category:Defunct airlines of South Africa Category:Defunct low-cost airlines Category:Airlines established in 2004 Category:Airlines disestablished in 2012 Category:2012 disestablishments in South Africa Category:Companies based in Ekurhuleni Category:Kempton Park, Gauteng Category:South African companies established in 2004