Government extended a lifeline to failing airline Regional airline, Rex, was about $500million in debt The government has intervened to save regional airline Rex after it plunged into voluntary ...

Qantas said it was a ‘sad’ day. Picture: Jenny Evans/Getty Images) In a statement on the Rex website, the stricken airline said it was working with Virgin Australia to assist impacted passengers.

Regional airline Rex is set to plunge into administration, with Bloomberg reporting that Ernst & Young (EY) will be appointed as administrators. The popular carrier's shares went into a trading ...

Picture: Picture Ryan Pierse/Getty Images Rex Airlines destinations from Townsville include Cairns, Doomadgee, Hughenden and Julia Creek. “As we prepare to welcome a significant influx of ...

In 2021, the airline was fined $66,000 for breaching continuous disclosure laws. In May this year, ASIC queried Rex over a related party transaction with Lim’s brother-in-law Thian Song Tjoa ...

The same can be said of Rex. After almost two decades as a successful regional airline, it decided to take on the industry's big two: Qantas and Virgin. The bold move was supposed to give ...

Rex Airlines is looking to offload company land, buildings and aircraft spare parts as administrators work to keep the financially distressed carrier up in the air. Professional services firm EY ...

WPP’s recently merged full-service agency, T&Pm, has collaborated with Rex Airlines on a new campaign that tips a hat to Hollywood’s Golden Age. Playing off the 1957 film ‘An Affair to ...

A white paper looking at the industry is expected to be released soon, which will look at how to strengthen the sector. Industry experts and peak tourism bodies say the collapse of Rex Airlines ...

This time it’s from Regional Express Holdings, parent company of Rex Airlines, which has entered voluntary administration. Responding to many Australians having a lower disposable income ...

Add articles to your saved list and come back to them any time. The Albanese government is preparing to buy beleaguered Rex Airlines if it cannot entice private buyers to resuscitate the regional ...

Grounded: Rex Airlines is laying off 610 staff - or a quarter of its workforce - as its future remains uncertain.Credit: Sam Dagostino Everyone knows air travel isn’t what it used to be.