Rex Airlines insiders on why their bid to take on Qantas and Virgin failed, and who's to blame
The two airlines became Regional Express, or Rex, with Singaporean businessmen Lim Kim Hai and Lee Thian Soo its two biggest ...
Hosted on MSN2mon
ASIC to sue Rex Airlines alleging company misled the market about its profitability
The corporate regulator ASIC is suing Rex Airlines, alleging the company and ... ASIC alleges Rex, along with John Sharp, Lim Kim Hai, Lincoln Pan and Sid Khotkar, failed to meet its disclosure ...
Sky News Australia1mon
Rex's future still up in the air despite Labor government taking on $50m of debt from the carrier's largest creditor PAG
including its aeromedical arm Pel-Air to Toll Aviation for $47m and the airline’s half-stake in charter flight operator National Jet Express to Rex’ former chairman Lim Kim Hai. However ...
Sky News Australia1mon
Government to buy REX Airlines debt for $50 million
“The history of Rex goes back to the collapse of another airline, Ansett in March 2002 ... Express under the ownership of Singaporean Lim Kim Hai.” ...
Sydney Morning Herald12d
ASIC had raised ‘increasing concerns’ about Rex with the government
The corporate regulator warned Treasurer Jim Chalmers in secret briefings it had become increasingly concerned about beleaguered airline Rex ... minister), Lim Kim Hai, Lincoln Pan and Siddharth ...
The Australian11d
Rival regional airline slams PM’s promise to buy Rex as ‘massive waste of taxpayer money’
Former Rex executive chairman Lim Kim Hai is one of four directors being pursued by ASIC in court. Picture: Justin Brierty Virgin Australia, which supported Rex customers when the airline was placed ...
The Australian1mon
Albanese government to spend $50m acquiring Rex debt to keep regional airline flying
Government support for Rex has angered other regional airlines which have offered to ... Former Rex executive chairman Lim Kim Hai. Picture: Justin Brierty At the same time, the Australian ...