on plans for the continuation of the airline. 'We also expect the administrator to honour and prioritise the entitlements of Rex employees,' she said. 'This guarantee is a message to regional ...

The simulator, which can be configured for either 737-700 or 737-800 aircraft, was moved to Sydney in March last year from ...

Rex (Regional Express) hit turbulence not long after resuming normal flight operations after the pandemic. While the airline did initially use the disruption of Covid to its advantage, the smooth ...

Proposals by the Albanese government that it might buy the financially stressed Rex Airline - which has $500 million of debt - if no private buyer can be found is reminiscent of the Chifley Labor ...

Shadow Finance Minister Jane Hume has expressed concerns over the Albanese government’s potential acquisition of Rex Airlines if administrators fail to find a suitor for the embattled carrier.

"If there is no sale, we will work on contingency plans with ... to keep Rex's regional routes operating until June and last month acquired A$50 million of debt from the airline's largest creditor.

Japanese company Toll Group paid $47.1m for Pel-Air and former Rex executive chairman Lim Kim Hai paid $12m for the 50 per cent stake in NJE. But no buyer has emerged for the regional airline and ...

(Reuters) - The Australian government said on Thursday it would buy A$50 million dollars ($31.36 million) of debt from the largest creditor of collapsed airline Regional Express Holdings to have ...

The federal government says it will acquire Regional Express if no buyer is found for the airline. Rex is Australia's third-largest airline, but entered voluntary administration last July after ...

Rex’s flight simulator centre has been sold as administrators continue their search for a buyer for the regional airline. Administrator EY has gradually been selling parts of the company that ...