The Australian government said on Thursday it would buy A$50 million dollars ($31.36 million) of debt from the largest ...
Regional Express Holdings Limited, the company behind Rex, was founded in 2001 following the collapse of Ansett Airlines. The ...
The federal government continues to throw regional carrier Rex Airlines a lifeline after taking on its $50 million debt from ...
Labor has acquired $50 million of debt from Regional Express’ largest creditor PAG in a bid to secure ongoing flights for ...
The federal government’s move to become a principal creditor of Rex by acquiring $50m of debt from investor PAG Asia Capital, will keep the airline flying for longer while the search for a buyer ...
The federal government continues to throw regional carrier Rex Airlines a lifeline, after taking on its $50 million debt from ...
Before Rex’s collapse in July, a return Melbourne-Sydney flight cost an average $385. The average booking price is now $550, ...
A high load factor, a key measure of profitability, indicates an airline has full planes with most seats occupied by passengers. Days later, Lim, Sharp, Khotkar and Pan received Rex’s “Weekly ...
In an encouraging sign for travellers, Qantas and Virgin Australia are both rolling out special deals in the form of ...