November 23, 2014 2:00 PM ET

Airlines

Company Overview of 1 Time Airline (pty) Ltd.

Company Overview

1 Time Airline (pty) Ltd. owns and operates airlines. The company was founded in 2003 and is based in Kempton Park, South Africa. 1 Time Airline (pty) Ltd. operates as a subsidiary of 1time Holdings Limited.

16 Quality Road

Isando

Kempton Park,  1600

South Africa

Founded in 2003

Phone:

27 11 086 8100

Fax:

27 11 086 8100

Key Executives for 1 Time Airline (pty) Ltd.

Chief Executive Officer
Age: 51
Compensation as of Fiscal Year 2014.

1 Time Airline (pty) Ltd. Key Developments

1 Time Airline (pty) Ltd. Announces Resignation of B Topham as an Independent Non-Executive Director

The board of directors of 1 Time Airline (pty) Ltd. hereby notifies its shareholders that Mr. B Topham has resigned as an independent non-executive director with effect from 7 February 2013.

FastJet To Acquire 1time

FastJet Plc is in negotiations to acquire 1time Airline (Proprietary) Limited from 1time Holdings Limited. The negotiations have not completed yet and are subject to approval of Board of Directors of 1time Holdings and Regulatory Board. The transaction would involve Fastjet paying a nominal fee for the purchase of 1time and a settlement with the 1time creditors. Ed Winter, Chief Executive Officer of Fastjet, said, "1time would be rebranded into the Fastjet brand and sold through fastjet.com."

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