It  has been four months since 1time was placed in provisional liquidation but it is still unclear whether or not the failed low-cost carrier will be liquidated or thrown a lifeline by fastjet. The return date for the provisional order has been extended for the second time, this time until October 2. 
1time’s Provisional Liquidator, Aviwe Ndyamara of Tshwane Trust, confirmed to Tourism Update that the extension was due to on-going negotiations with fastjet.

Andries Ntjane, Deputy Director: licensing and permits at the Department of Transport, said fastjet’s application to acquire 1time was still being considered. He said fastjet had submitted an amendment to its application that dealt with the BBBEE component of the company but he did not provide details about it. 
Fastjet would not respond to questions about BBBEE compliance but, according to Business Day, the airline planned to sell a 25,1% shareholding to a black empowerment partner at a later stage.
Ntjane said the Minister of Transport, Ben Martins, had yet to make a decision about whether or not to grant fastjet an exemption to the foreign ownership regulation that limits foreign ownership of a local airline to 25%.  
Mango and Comair have strongly objected to fastjet’s application for an exemption and its plans to acquire 1time, claiming it would have a negative impact on the local aviation industry.  In response to this, fastjet only said: “It’s not for fastjet to comment on other carriers. Fastjet is determined to bring its low-cost airline model to South Africa.”