The story
The airline was established in 1986 and started operations in June 1986 as Million Air Aviation; it was rebranded as Million Air Charter in 1994 and took the current name in 2004.
During the 2006 Financial Year, 1time Airlines purchased Egoli Air and got its McDonnell Douglas Fleet, then Egoli Air became a Charter Airline under the 1time name.
1time Airlines filed for Business rescue (The South African equivalent of Chapter 11 Bankruptcy) in August of 2012 and ceased operations on the 2nd of November on that year following financial difficulties. Coincidentally, a Zimbabwean Budget airline called Fresh Air was supposed to launch on that same day in a partnership with them.
From Wikipedia’s article on Egoli Air, shared under CC BY-SA 4.0.3