Latest articles on Velvet Sky

Aviation’s glamour undimmed

Aviation industry analysts are torn over whether there is money to be made for those who dare to tread on the runway.

Low-cost airline 1Time files for business rescue

Low-cost airline 1Time says its scheduled services will go ahead despite filing for business rescue to dig it out of R320-million of debt.

Velvet landing for cash buyers

Velvet Sky's licence agreement has a clause that stipulates it must set aside sufficient funds to pay back cash clients should it go out of business.

Taxi council changes its flight plans

When big airline operators are losing money it is no wonder that the smaller guys are cautious writes <strong>Phillip de Wet</strong>.

Velvet Sky’s pay now, fly later scheme

Troubled low-cost airline Velvet Sky stands accused by petrol giant BP of resorting to "desperate cash-raising measures to stave off bankruptcy".

Velvet Sky’s wings clipped for now

All Velvet Sky flights have been suspended until March 5, while the airline reconstitutes its board and balance sheet and realigns its strategy.

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Zulu land body challenges audit outcome

Ingonyama Trust Board chairperson Jerome Ngwenya has challenged the audit process in the face of a series of unfavourable ratings

‘Terrorised’ family shines a light on traditional leadership for vulnerable people

The ambiguity between traditional and constitutional leadership has been exposed by the violent banishment of an Eastern Cape family

Sisulu dissolves housing agency board, again

The HDA is once again under administration, and its acting chief executive gets to stay on

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