Reuters: Bankruptcy News: S.Africa budget airline 1time files for liquidation

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S.Africa budget airline 1time files for liquidation Nov 2nd 2012, 15:25 JOHANNESBURG | Fri Nov 2, 2012 11:25am EDT JOHANNESBURG Nov 2 (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. (Reporting by David Dolan)

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