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.

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 ...

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 ...

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 ...

An expert has warned that airfares will likely rise as Rex gets set to enter administration and possibly become the latest airline to collapse after Bonza. Ernst & Young will be announced as ...

Rex Airlines has entered voluntary administration. Flights between capital cities have been cancelled but the airline says regional routes are still flying as scheduled. In a statement on the Rex ...

Followed categories will be added to My News. On Wednesday, Rex Airlines announced that it had entered voluntary administration, and grounded its domestic fleet of 737 Boeing aircraft. Three ...

Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations ...