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But the proposal from Renaissance Infrastructure has been met with a lukewarm reception from administrators and the ...
Darwin Airport features in an ambitious new plan to revive two Australian airline brands as part of a nationwide regional ...
T he government has intervened to save regional airline Rex after it plunged into voluntary administration, with debts of about $500million. ... EY, on plans for the continuation of the airline.
EY Australia will now have until 5 December to wrap up the second sale process, which was slated to end on 30 June. It is the ...
Rex Airlines administrators granted extension to secure a buyer. ... “We plan to convene the second meeting of creditors as soon as possible completion of the sales process.
Rex Airlines has made a surprise decision to keep open five routes into key regional Australian hubs which had been earmarked for closure in just one week. aviation 9:10am Mar 22, 2021 ...
The co-founder of Rex hatched a plan to buy the failed airline last September for $160m but was “rudely rejected” by the company’s largest shareholder Lim Kim Hai.
Impulse Airlines was one of several low-cost carriers to fold in the last two decades in Australia. Dave Hunt/AAP. Yet Rex is fundamentally different, the core of its business is flying 34-seater ...
Rex Airlines administrators granted extension to secure a buyer. ... “We plan to convene the second meeting of creditors as soon as possible completion of the sales process.
Transport Minister Catherine King said the government had contingency plans to ensure airline services continue in rural areas but she did not promise any bailout packages for Rex. Sign up here.
The government has intervened to save regional airline Rex after it plunged into voluntary administration, with debts of about $500million. ... EY, on plans for the continuation of the airline.