1time Aero (1time.co.za) McDonnell Douglas DC-9-83 (MD-83) ZS-SKB (msn 49966) (Now flying to Livingston) JNB (Antony J. Best), originally uploaded by Airliners Gallery.
1time Aero (1time.co.za) (Johannesburg) is planning to commence operations from Lanseria International Airport (near Johannesburg) to both Cape Town and Durban starting on March 5, 2012 according to Airline Route.
Lanseria International Airport (IATA: HLA, ICAO: FALA) is a privately owned international airport north of Randburg and Sandton to the northwest of Johannesburg, South Africa. The airport can handle aircraft up to the Boeing 757-300 and Airbus A319.
Copyright Photo: Antony J. Best.
1time Slide Show: CLICK HERE
They’re flying from Lanseria now but I’m wondering whether it’s too little too late? 1time’s financial results to 30 June 2011 were a disaster, and they haven’t reported their results to 31 Dec 2011 – I suspect these results wont be much better. Last year we saw their founder, Glen Orsmond, resign (Orsmond wont disclose whether he still holds 1time shares) and this month 2 co-founders, Kaminski & James, resigned. 1time airline‘s problems are compounded by the need for a fleet renewal, as their MD80 series are too heavy on the fuel.
Thanks Robbie. Good insight and information. They could be in trouble with the rising cost of fuel.
Bruce