The federal government becomes Rex Airlines' largest secured creditor, sparking talk of nationalisation
With the federal government now becoming Rex's largest secured creditor, experts are asking whether the airline may end up in ...
VIDEO: Government lifeline to save Rex Airlines
Sarah Ferguson presents Australia's premier daily current affairs program, delivering agenda-setting public affairs ...
EY warned that Rex was unsellable without government-funded fix-up
Labor has confirmed it will spend $50 million buying out private equity giant PAG Asia Capital, giving administrators more ...
Rex's future still up in the air despite Labor government taking on $50m of debt from the carrier's largest creditor PAG
Rex’s future has sat in limbo since entering administration in the middle of last year, but Thursday’s lifeline from the ...
Australia to spend another $31 million to save regional airline Rex
The Australian government said on Thursday it would buy A$50 million dollars ($31.36 million) of debt from the largest ...
Flightglobal11d
Canberra acquires Rex’s debt; reiterates ‘ongoing commitment’ to regional operations
The Australian government has become the principal secured creditor of embattled operator Regional Express (Rex), after ...
Albanese government to spend $50m acquiring Rex debt to keep regional airline flying
The federal government will become the principal creditor of Rex Airlines by acquiring $50m of debt from PAG Asia Capital in ...
Federal government to acquire $50m of debt from Rex, becomes Rex’s largest creditor
The federal government will take on $50m of debt from embattled regional flyer Rex Airlines after the company was placed into ...