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1Time

1Time is a low-cost airline operating domestic services in South Africa. It has numerous daily flights to South African cities.

History

1Time commenced ticket sales in January 2004, and started flying on February 25, 2004, with three daily return flights between Johannesburg and Cape Town International Airports. It was founded by four entrepreneurs, Gavin Harrison, Glenn Orsmond, Rodney James and Sven Petersen. Glenn Orsmond is the Chief Executive Officer.

Structure
The founders owned an aviation holding company, Afrisource Holdings, through which they owned Aeronexus, an aviation company that offered various aircraft services (and currently performs maintenance for 1Time). After 9/11, with the resultant depression in the aviation business making planes available cheaply, they saw the opportunity to start a low-cost airline.

The name of the company, "one time!", is a South African expression meaning "for real!".


Services
ITime Airline operates the following services to scheduled domestic destinations (at March 2006): Cape Town, Durban, East London, Bloemfontein, Johannesburg and Port Elizabeth.

Fleet

The 1Time fleet consists of the following aircraft (at 08 September 2006)[citation needed]:

Active Fleet :

2 McDonnell Douglas MD-82 (ZS-TRD, ZS-TRE)
2 McDonnell Douglas MD-83 (ZS-OPZ, ZS-OPX) [Both leased from SAFAIR]
1 Douglas DC-9-15 (ZS-ANX)
4 Douglas DC-9-30 (ZS-NRA, ZS-NRB, ZS-NRC, ZS-NNN)

Washington - Ford Motor acknowledged on Wednesday that its top executive had met with leaders of Japan's Toyota, but gave no indication as to the nature of the discussions.

The number two US automaker said in a statement on its website that chief executive Alan Mulally met with Toyota's leadership.

"We meet regularly with other automakers on a variety of topics of mutual interest," the statement said.

The announcement came after Toyota confirmed in Japan that its chairperson, Fujio Cho, and Mulally met last week in Tokyo.

The meeting raised speculation that the fast-growing Japanese automaker, expected to overtake General Motors in 2007 as the world's biggest, will tie up with the ailing Detroit giant.

One report said Ford wanted to capitalise on Toyota's know-how in environmentally friendly cars, which were pioneered by Japan's top automaker and have proved a major hit in the key US market.

The Detroit News said a source familiar with the talks characterised them as "preliminary" and limited to cooperation between the automakers, downplaying speculation about a deeper alliance.


News was from www.news24.co.za
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Johannesburg - The JSE roared to a new all-time high on Wednesday bolstered by some institutional interest ahead of the unit trust close-out at the end of the month and as the weak rand and strong commodities prices combined forces to boost resources.

Wednesday's level was both a new record on the close of 24 932.270, with the previous best coming on December 21 when the JSE struck 24 825, while a new all-time trading high was also achieved of 24 998.211.

The all share index closed up 1.22%, led by gold at 2.62% and resources at 1.63%. Platinum added 0.92% and industrials 0.95%, while banks were up 0.60% and financials by 0.96%.

The rand was bid at R7.0060/US$ from R6.9900 when the JSE closed on Friday, while gold was quoted at US$628.45 a troy ounce from $619.75/oz at the JSE's last close.

"Volume was fairly light all day, with spreads very wide, but we do have the unit trust close-out at the end of the month. No-one appears to be bearish as volume is light on the selling side and people are still trading with the trend," said trader from Afrifocus, Kevin Barlow-Jones.

"We had a big futures close-out last week and then another good day on Friday, setting the trend," he explained.

"The rand was weaker for most of the day above seven to the dollar and gold was higher, which gave a reason to buy resources," concluded Barlow-Jones.


News was from www.news24.co.za
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Alet Rademeyer, Beeld

Pretoria - This year's matric results will probably be marginally better than last year's, say education experts.

They predicted an average pass that would not deviate much from last year's average of 68.3%.

Education Minister Naledi Pandor is due to give an overview of results in Cape Town on Thursday, and various education ministers will do the same in the provinces.

Despite the sombre prediction about the pass average, there was a rich crop of candidates who distinguished themselves with distinctions again this year.

Gauteng boasts one candidate who obtained 15 As - Corné de Witt of Kempton Park High School.

Jaco Jordaan of Roodepoort High School on the West Rand was the only candidate to get 11 distinctions.

Pass rate 'a disappointment'

Five candidates from Gauteng and one from Limpopo obtained 10 As each.

In Gauteng, Northwest, Mpumalanga and Limpopo 15 candidates each got nine distinctions, 77 got eight, 8 230 got seven distinctions each and 453 obtained six each.

Professor Billy Fraser, chief of curriculum studies at the University of Pretoria and an external examiner for biology for an insurance company, said this year's pass rate was a disappointment considering that most suburban schools annually managed to achieve a pass rate of more than 90%.

"It seems as if rural schools still don't deliver the expected outcome and education at these schools remains sub-standard."

According to Fraser, one could deduct from this that little quality education was taking place at under-achieving schools.

Fraser said it became clear during external moderation of exam papers that many pupils were again writing exams without proper preparation, or that education was so poor as to deliver no mentionable achievement.

"It was, for example, not strange to find that pupils sometimes got only three or five marks for a question that was worth 25 or 35 marks."

Fraser also believed this year's results were predictable from the annual external portfolio moderation set for certain subjects.

"The portfolios for advantaged schools towered above the disadvantaged schools, while the achievements of the disadvantaged schools still failed to conform to the norm."

According to Fraser, the matric results were nothing to get excited about, as it was no great thing for schools to get a pass rate of 80%.

'Independents' get good results

Education experts said the role of outcomes-based education contributing to many pupils' poor achievement could not be underrated.

This year's group of pupils also received outcomes-based education throughout their school careers, but had to revert to writing the old-style matric exam.

Candidates who wrote the independent exams and the exams of the Beweging vir Christelike Volkseie-Onderwys exams again achieved excellent results.


News was from www.news24.co.za
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Cape Town

Mayor Helen Zille has come out on top in a row with the Western Cape provincial government over procedural moves for planning permission for the Fifa World Cup 2010 soccer stadium at Green Point.

In an apparent about-turn, Western Cape premier Ebrahim Rasool said yesterday that provincial planning MEC Tasneem Essop "will take and publicise her decision on these matters" by the end of the first week in January.

Rasool reaffirmed the province's commitment to ensuring that the city's "complex and interrelated applications for land use planning and environmental permission" relating to the proposed stadium and urban park on Green Point Common "are dealt with lawfully and as expeditiously as possible".

He said that, following a two-day meeting between the legal teams of the city and the province, and "on advice" from Essop's legal team, "this course of action agreed to constitutes the most legally responsible way forward".

In a week that saw the African National Congress-controlled provincial government square up against the Democratic Alliance-led multiparty city government, creating a new controversy over the stadium, an angry Rasool accused the city of a "major blunder" for failing to decide on the consent use for the development, incorrectly passing it on to the province for a decision. He also accused the city of incompetence.

Zille said the city had followed the correct procedures. She said the city could not pre-empt giving consent use for the stadium project before Essop had made her ruling on the rezoning.

Zille confirmed yesterday that both sides had agreed, "with advice from their legal teams", on the process ahead to finalise the last phase of development approvals for the area so that building could start on the R2,5bn stadium.

Essop will now take the decision on the rezoning application for the stadium on Green Point Common, before the city can decide on the consent-use application, a position that existed before the row became public this week.

The row led to counterallegations from Zille, who said the province wanted to "take over" the 2010 process from the city, but that this was not possible as Fifa had signed stadium agreements with host cities, not provinces.

Zille said yesterday it was wrong, however, to present the issue as one in which the city is pitted against the province.

The city would speed up the necessary consent-use decisions, to be taken by her in her capacity as executive mayor, or by full council, as soon as the province had decided on the rezoning.

Zille blamed the province for failing to meet the December 20 deadline for the rezoning decision. "Up until now the city and the province have enjoyed a good working relationship in the preparations for 2010.

"In an agreed work schedule dated October 11, the deadline for the provincial rezoning decision was December 20.

"This date was confirmed in writing between the city and the province, as well as verbally on repeated occasions," said Zille.

She said Rasool had assured her Essop would work throughout December to take the rezoning decision by the required deadline.

"It is regrettable that this deadline has not been met.

"The failure to take the decision on the rezoning is the cause of the delay. This decision is now extremely urgent, if we are to avoid undue delays in the preparations for 2010," said Zille.

News was from http://www.businessday.co.za
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