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1time

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1time

IATA Code
T6
ICAO Code
RNX
Corporate Address
Unit D2,
Isando Industrial Park,
Gewel Road, Isando,
Kempton Park
South Africa
Website
http://www.1timeholdings.co.za
Main hub
Johannesburg Oliver R Tambo International Airport
Country
South Africa
Business model
Low Cost Carrier

1time is a South African LCC with its main bases at Johannesburg OR Tambo International and Cape Town International airports. Launched in 2004 as one of South Africa's first LCCs, 1time operates a fleet of MD80 aircraft across a domestic network linking the country's main metropolitan areas of Johannesburg, Cape Town, Durban, Port Elizabeth, East London and George. 

This airline is featured in CAPA's landmark Global LCC Outlook 2010 report, available for free download.

Location of 1time main hub (Johannesburg Oliver R Tambo International Airport)

1Time Holdings share price


 
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76 total articles

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6,367 total articles

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South African Airways profit increases as nation's smaller carriers Comair and 1time post losses

24-Sep-11 12:28 PM

South Africa has become a competitive domestic air market, which is taking its toll on the LCC segment in particular. The country’s largest and only long-haul carrier, South African Airways, increased its profit as its restructuring continues. But it joined rivals Comair, whose profit decreased, and loss-making carrier 1time in a cautious outlook owing to increased airport charges as well as the global threat of high fuel. Despite the turbulent times, newcomer Santaco Airlines hopes to launch this year and avoid airports with high fees.

Air China tops airline Enterprise Value rankings; Delta second; no LCCs in top 10

16-Mar-11 9:53 AM

It would appear China has already reached its aim of creating a world-beating "super carrier" – at least in terms of financial size. Air China is by far the world’s biggest airline, based on a current ranking of listed airlines’ Enterprise Values (EV) assembled by the Centre for Asia Pacific Aviation (CAPA).

So you think you know your airline market capitalisation: Part 3

10-Mar-11 9:00 AM

The first part of this three-part report on airline market capitalisations described how Air China is valued more on the stock exchange than US carriers United-Continental, JetBlue, Hawaiian Air, AirTran, US Airways, American Airlines, Republic Airways and Skywest combined. In this final section, CAPA reviews some further interesting facts from the equity investment world.

Lanseria Airport gears up to offer the first real challenge to ACSA in Johannesburg

9-Feb-11 4:03 PM

South Africa's Lanseria International Airport’s newly published five-year plan calls for expansion including the extension of its runway to accommodate A300s and B767s and the construction of a new passenger terminal and hotel. The LCC 1Time will soon join rival kulula.com there, ending kulula’s scheduled service monopoly. The end result, together with the experience the Lanseria management accrued with private jets during the World Cup, is some real opposition for the first time in the Johannesburg area to ACSA’s O R Tambo Airport.

Airlines: surviving in a changing world. CAPA's Hottest Airlines to Watch in 2011

24-Dec-10 1:19 PM

As the international airline industry evolves from a heavily protected, government-run activity into a commercial hybrid, individual airlines are confronted by massive challenges, each of them unique to the company concerned. At the same time, the industry overall remains constantly at risk from any number of external threats.

CAPA’s Hottest Airlines to watch in 2011: Africa

25-Oct-10 3:38 PM

African airlines are projected to return to profitability in 2010 for the first time since 2002, reflecting stronger economic activity and bolstered by what IATA describes as "a decade of cost-cutting, restructuring, and re-engineering." Many of Africa's 53 countries are experiencing rapid economic growth, spurred by global demand for commodities, led by China's insatiable need for raw materials. Reflecting these developments, projections for African airline profits stand at a combined USD100 million profit in 2010 with a breakeven result anticipated for 2011. It follows an estimated USD100 million loss in 2009. In this installment in CAPA's series on the world's Hottest Airlines to Watch in 2011, we focus on the movers and shakers in Africa.

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