Velvet Sky takes delivery of an additional 2 Boeing 737-300 aircraft, previously operated by Shenzhen Airlines in China, and were flown to South Africa via Sri-Lanka and the Seychelles. Velvet Sky begins flights between Johannesburg and Polokwane on Sundays, Mondays, Wednesdays and Fridays. Velvet Sky commences Durban to Port Elizabeth, Port Elizabeth to Cape Town and Durban to Cape Town flights. Velvet Sky commences Cape Town to Durban flights. Velvet Sky commences Port Elizabeth to Durban and Cape Town to Port Elizabeth flights. We felt the route, the least profitable and sometimes loss making, was not worth the damage to our brand." Velvet requested GAAL on numerous occasions to clarify with the taxpaying public and our competitors how we got the concessions and explain the process followed so that these accusations of wrong doing can stop. Stephen Nthite, Velvet Chairman, said that: "We have cancelled flights to Polokwane and intend to cancel our agreement with GAAL.
said the Chief Operating Officer of Velvet Sky, Gary Webb. There is a lot of demand for VIP charter type operations into Africa”. The aircraft were a good price, and we have had a significant number of inquiries about this kind of operation in the last few months. Since inception, we’ve established a footprint of operational capability, and this opportunity came our way. “It is a logical expansion of what we are currently doing. Velvet will be using the aircraft in its new luxury VIP charter division. Velvet Sky purchases 2 DC9 aircraft, one of which previously belonged to Tokyo Sexwale's family. On the 23rd Feb 2012 further flights were delayed when SAA Technical wouldn't conduct maintenance until it was paid. It will also allow the company time to properly resolve disputes with certain suppliers and service providers." said Excalibur Aerospace chairman, Stephen Nthite.īP applies to the High Court for the provisional liquidation of Velvet Sky, which allegedly owes BP R29m for avgas.Ģ Velvet Sky flights (JNB-CPT & JNB-DUR) were delayed as a result of not having paid South African Airways Technical and other service providers including Shell service fees. The suspension of flights will allow the company time to reconstitute its board and balance sheet and realign its short-term strategy. "The board is confident that the long-term outlook for Velvet Sky remains positive and that current developments will significantly improve Velvet Sky’s position. Velvet Sky airline suspends its flights from the 28th February until the 4th of March 2012. Satirical site, Hayibo, claims that the "Sky" in "Velvet Sky" is misleading advertising: “In hindsight it created unsustainable expectations that our aeroplanes might leave land.” BP & Velvet Sky agree that the liquidation application be adjourned indefinitely, and Judge Kobus Booysens gives Umzamo Transport Services until 10 April 2012 to file supplementary papers in support of its application (if supplementary papers are not filed by 10 April 2012 BP will relaunch its liquidation application). The Civil Aviation Authority of South Africa temporarily suspends Velvet Sky airline's operating certificate.Īccording to reports by the SABC, Velvet Sky have started laying off staff.īP's liquidation application is due to be heard before the Pietermaritzburg High Court, but Umzamo Transport Services, which is owed some R4m by Velvet Sky, launches an application to draw up a business rescue plan to save Velvet Sky.
If they are liquidated, we will be the first ones to get paid before any other supplier." according to an internal memo The New Age has seen.
We will not have to pay the attorney up front, but in the event of us winning the case, the attorney will take 10% of the payment. Judge Shyam Gyanda places Velvet Sky airline under provisional liquidiation (in the Pietermaritzburg High Court)Įmployees of Velvet Sky, take their grievances to the Labour Court: "We have been lied to about payment for our salaries and we are going to file for liquidation of Velvet Key Airlines at the Labour Court as a means to get our (monies) out of them. Judge Philip Nkosi orders the final liquidation of Velvet Sky, dismissing an attempt for another adjournment. Velvet Sky was a South African low-cost carrier which was flying to Durban, Cape Town, Johannesburg and Port Elizabeth.ĪBN Digital discuss the Velvet Sky Liquidation with Allan Moore:
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