Rex given $80m bailout, while ACCC warned Qantas controls 65pc …
2 days ago · Qantas defended itself from allegations of "slot hoarding" at a heated Senate inquiry, while the federal government gave regional airline Rex an $80 million lifeline as its voluntary ...
Rex regional flights: Government gives airline $80 million lifeline
2 days ago · The federal funding means Rex, which went into voluntary administration in July, will be able to maintain regional routes. Rex administrators will get up to $80 million to keep regional services ...
ACCC finds major airfare price spike since Rex Airlines collapse
2 days ago · Airfares have spiked by up to 95 per cent since Regional Express (Rex) fell into administration earlier this year, Australia’s consumer rights watchdog says.
Predictably, domestic airfares surged after the collapse of Rex.
2 days ago · Also on Tuesday, the government announced an $80 million support package to keep Rex’s regional services operational. Much of Rex’s fleet of SAAB 340 aircraft is in need of repair, so this ...
Australia Regional Airline Rex Gets $53 Million Government ... - U.S. News
2 days ago · Nov. 11, 2024, at 5:19 p.m. By Renju Jose. SYDNEY (Reuters) -The Australian government said on Tuesday it would provide up to A$80 million ($52.6 million) to airline Regional Express Holdings to ...
Rex Airlines went from business as usual to having its wings …
Aug 2, 2024 · Rex snatched up leases for nine Boeing 737 jets to support its expansion into the lucrative intercity market. Several of them were formerly flown by Virgin.
Rex Airlines enters voluntary administration but regional services ...
Jul 30, 2024 · Rex Airlines, Australia's largest regional and domestic airline operator, enters administration, with domestic 737 services grounded and up to 610 workers expected to lose their jobs.
Rex flights: Labor stumps up $80 million to keep failing airline ...
2 days ago · Labor’s $80m Rex handout angers regional rivals and potential buyers. Ayesha de Kretser Senior reporter. Updated Nov 12, 2024 – 6.22pm, first published at 9.16am. Save.
Major job losses revealed amid Rex collapse - news.com.au
Jul 31, 2024 · Flights have been cancelled as the airline, under Regional Express Holdings Limited, went into voluntary administration on Tuesday. The airline’s domestic fleet of Boeing 737 services has been ...
Rex gets $80 million bailout from the Federal Government
2 days ago · The Federal Government stumped up an $80 million bailout for Rex after it went into voluntary administration earlier this year. The Federal Government will give domestic airline Rex an $80 million bailout to continue operating regional routes. Rex Airlines went into voluntary administration in July, laying off more than 600 workers.