S.Africa budget airline 1time files for liquidation

Fri Nov 2, 2012 3:27pm GMT
 

JOHANNESBURG (Reuters) - South African budget airline 1time Holdings said on Friday it had filed for liquidation and that trading of its shares had been halted.

The company said in statement it "had no reasonable prospect" of being rescued.

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UK £ USD =1.2525
Euro USD =1.0725
Rand USD =0.0746