1time

Type: Company
Name: 1time
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

FlySafair on the runway

But FlySafair is not taking off immediately. The airline's website yesterday promised to keep passengers in the loop and its CEO, Dave Andrew, said that the launch would take some time."We only received our new licence on March 31 and we are evaluating ... [Published Times Live South Africa - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

FlySafair given licence to fly but faces fresh challenges

LOW-cost airline FlySafair, which had its wings clipped in October for failing to meet restrictions on foreign ownership, was on Wednesday granted a domestic, scheduled passenger licence by the Air Services Licensing Council.But the battle to take off ... [Published BDlive - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

INDUSTRY NEWS: Bookings take a dip

SINCE November 2012, car rental bookings made by travel agents have been on a slow decline, according to Avis.There are a number of influencers that could have led to this, such as a slowdown in the economy, corporate companies cutting back on travel ... [Published BDlive - Apr 17 2014]
Entities: HIV/AIDS, 1time, Lance Smith
First reported Apr 11 2014 - Updated Apr 11 2014 - 1 reports

Winning the tourism war

Cape Town - South Africa's major cities are locked into a battle, with the spoils of economic victory going to those who attract more tourists, writes Rob Baker in SouthAfrica.TO .Just like in a real war, there are lives at stake. The battle involves ... [Published Finance 24 - Apr 11 2014]
First reported Mar 27 2014 - Updated Mar 27 2014 - 1 reports

Business rescue can work

WHEN the 88-room Shelley Point Hotel, spa and country club on St Helena Bay entered into business rescue in July last year, it was bleeding R600000/month. The owners, Mauritian-based group Dale Capital, owed creditors R32m.Nine months later, the hotel ... [Published Financial Mail - Mar 27 2014]
First reported Mar 22 2014 - Updated Mar 22 2014 - 1 reports

The Strangest Names in the Airline Graveyard

Dutchbird was a charter airliner based in Amsterdam that no longer operates. WikipediaI've written about legendary airlines that now reside in the Great Tarmac in the Sky, epic names from the past like Pan Am and TWA. But what about now-defunct airlines ... [Published ABC News - Mar 22 2014]
First reported Mar 20 2014 - Updated Mar 20 2014 - 1 reports

Comair gains by spending money to save...

Despite soaring costs and a shrinking domestic airline market, regional and domestic airline Comair ended the first half of its financial year with a 23 percent rise in revenue to R29.6 billion and a cash balance of R695 million.Now it has become the ... [Published IOL - Mar 20 2014]

Quotes

Avis executive of sales, Lance Smith, says: "Avis acknowledges the work that loveLife does in educating the youth about being safe and reducing their chances of contracting HIV AIDS and sexually transmitted diseases. Organisations such as loveLife play an important role in shaping our society and Avis endeavours to assist them in reaching their goals."
"Our own view is it is very obscure as to who the ultimate beneficiaries are," Mr James said. "It is very odd that a foreign company would have had 75% and is now quite happy to give that up — it is not normal to see a shareholding reversed like this."
"We only received our new licence on March 31 and we are evaluating how long it will take to ramp up operations, and also the impact of the travel seasons on launch dates" said Andrew
...Point shareholders was still in a position to provide R2m to help keep the hotel operationally afloat once it was placed in business rescue. "The owners foresaw that they were going to run out of working capital so they applied for business rescue when there was still time to introduce an intervention programme."

More Content

All (9) | News (8) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
sort by: Date | Relevance
INDUSTRY NEWS: Bookings take a dip [Published BDlive - Apr 17 2014]
FlySafair given licence to fly but faces fresh ... [Published BDlive - Apr 17 2014]
FlySafair on the runway [Published Times Live South Africa - Apr 17 2014]
Winning the tourism war [Published Finance 24 - Apr 11 2014]
Business rescue can work [Published Financial Mail - Mar 27 2014]
The Strangest Names in the Airline Graveyard [Published ABC News - Mar 22 2014]
Comair gains by spending money to save... [Published IOL - Mar 20 2014]
South African Airways to object to FastJet’s ac... [Published Topnews.in - Jan 24 2013]
Fact Sheet for 1time Holdings Limited [Published Able2Act - Apr 21 2008]
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