Rex Airlines given $52 million lifeline to ‘support critical regional services’
The Australian government has given Rex Airlines $52.3 million to support critical regional services during an extension of the voluntary administration process.
Australia regional airline Rex gets $53 million government lifeline to keep flying
Transport Minister Catherine King said the funding was "another demonstration of our commitment to maintaining regional aviation access, recognising the important role that Rex plays in regional communities right across Australia." Rex in July entered ...
ACCC finds major airfare price spike since Rex Airlines collapse
The Albanese government is throwing Regional Express (Rex) an $80m lifeline after the debt-ridden carrier fell into administration earlier this year.
$80 million lifeline for Rex to keep failing airline aloft
The embattled Regional Express Airline (Rex) has been thrown an $80 million lifeline by the Federal Government to keep
Australia regional airline Rex gets $53 mln government lifeline to keep flying
The Australian government said on Tuesday it would provide up to A$80 million ($52.6 million) to airline Regional Express Holdings to help keep its regional routes running during an extended voluntary administration process.
Federal government to offer Rex Airlines an $80 million lifeline
The federal government will offer Rex Airlines an $80 million lifeline which will enable the company to keep operating its regional routes.
'It's a lifeline': relief as government hands Rex $80m
The federal government will provide up to $80 million to keep Rex regional routes operating, a relief for rural communities fearing for their future prosperity.
Predictably, domestic airfares surged after the collapse of Rex. There aren’t many good solutions
Australia’s airline industry is famously duopolistic. Just two companies – Qantas and Virgin Australia – service 98% of the ...
michaelwest16h
Airfares rocket, Rex gets parachute, Coldplay to blame. What’s the scam?
With Rex pulling capital city routes, ACCC says airfares have risen up to 95%. Meanwhile, Qantas blames Coldplay.
Bailout keeps Rex flying until after election
The $80 million, handed out with little detail, has to go towards making Rex a sustainable player again. The government needs ...
The RiotACT7h
Canberra cancellations again blight air travel as fares soar after Rex exit
Qantas has backslid on the number of flights it cancels on its Canberra routes, particularly to and from Sydney ...
Flightglobal2d
Rex set to step up operations as government backs administration extension
Administrators for Regional Express (Rex) will increase the Australian carrier's operational fleet under a business ...
Government injects $80 million to keep Rex flying
EY Australia continues to search for a buyer, with the administrator applying to the Federal Court to extend the voluntary ...
Armed robbery in Revesby2d
Domestic Airfares Soar Post-Rex Collapse, Few Solutions
Australia's airline industry is famously duopolistic. Just two companies - Qantas and Virgin Australia - service 98% of the ...
Rex given $80m bailout, while ACCC warned Qantas controls 65pc of market and prices are up, ASX loses ground — as it happened
Qantas is defending itself from allegations of "slot hoarding" at a heated Senate inquiry, while the federal government is ...