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Budget airline 1time files for liquidation

Low cost airline 1time on Friday filed for liquidation and cancelled its flights, after pulling the plug on a rescue plan. It...

Velvet Sky liquidated

Low-cost airline Velvet Sky has been liquidated. Judge Phillip Nkosi of the Pietermaritzburg High Court yesterday rejected a request for an adjournment...

Velvet Sky goes into liquidation

Grounded airline Velvet Sky has been placed under provisional liquidation, after a ruling by the Pietermaritzburg High Court on Friday. Trade union...

Velvet Sky’s liquidation postponed indefinitely

The liquidation application brought against low cost carrier Velvet Sky has been adjourned indefinitely as one of its creditors launched an application...

Velvet Sky grounded

Low cost carrier Velvet Sky has halted all flights for a week as it tries to resolve problems with creditors. Flights were...

Velvet Sky cancels, delays flights amid payment disputes

Flights by low cost carrier Velvet Sky were delayed on Wednesday and today and cancelled yesterday as the airline struggles to pay...

Velvet Sky to lease two more 737s

Velvet Sky has leased two Boeing 737s from Aergo as it embarks on an expansion plan following its acquisition last month by...