Fastjet A319. Courtesy photo African low-cost start-up Fastjet has signed a provisional deal to acquire South African low-cost carrier 1time for ZAR1 ($0.12). Johannesburg-based 1time went into liquidation in November. It operated 12 Boeing MD-80s across a network of eight routes and carried 120,000 passengers a month. Fastjet wants to acquire more African AOCs and began talks to buy 1time earlier this month. “Fastjet has entered into an option agreement to buy the entire ...

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