Low-cost airline 1Time has filed for business rescue in order to give it time to restructure its R320-million of debt. The airline has been in negotiations with creditors since March. In April, the company reported a R157-million loss. 1Time chief executive Blacky Komani confirmed that the airline would continue scheduled services.

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In
   
Forgot password? Click here to reset
New User? Click here to register