Due to its current financial situation, South Africa's low cost carrier 1time will suspend operations between Johannesburg's OR Tambo International Airport and Mombasa in Kenya from 17 September 2012. The beleaguered airline launched the twice-weekly service between the two destinations only on 05 March 2012. If you are booked on a flight with 1time between Johannesburg <> Mombasa, it is advised to get hold of the airline as soon as possible.
1time applied for "Business Rescue", which is similar to the process of "Chapter 11" in the USA, on 21 August 2012. "Business Rescue" aims at assisting with the rehabilitation of a company in financial distress. It provides temporary moratorium from creditors under legal supervision in clearly defined terms. 1time hopes to be back on track within the next three month.
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