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 ...
The Downfall Of Rex Airlines
Regional Express Holdings Limited, the company behind Rex, was founded in 2001 following the collapse of Ansett Airlines. The ...
Government takes on $50m debt from Rex to keep airline flying
The federal government continues to throw regional carrier Rex Airlines a lifeline, after taking on its $50 million debt from ...
AeroTime1d
Australia increases financial support of REX Airlines with AU$50M debt purchase
The Australian government has increased financial support of REX Airlines by purchasing part of its debt, aiming to keep the ...
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 ...
Sydney Morning Herald17d
Rex’s desperate hunt for $10 million before airline’s collapse
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 ...