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.

It's too early to say whether the early warning signs presented by the collapse of that airline were missed, but it appears as if the seeds of Rex's downfall were sown long before its competitor ...

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 ...

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 ...

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 ...

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 ...

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 ...

The federal government is moving slowly, but steadily, to reentering the aviation business, with its commitment to support potential buyers of Rex Airlines or to take an ownership stake itself if ...

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 ...