The federal government says it is prepared to acquire Regional Express if administrators are unable to find a buyer for the ...
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SYDNEY, Feb 12 (Reuters) - The Australian government said on Wednesday it was open to acquiring collapsed airline Regional Express Holdings (REX.AX), opens new tab to ensure its regional services ...
Regional airlines shut out of discussions about Rex’s future, have again called for the Albanese government to work with them to avoid an outcome where the failed carrier is nationalised.
Country airline operators have warned Labor that a taxpayer bailout of collapsed carrier Regional Express would be a waste of money when more than 40 companies continue to service key routes ...
The ABC highlights how Regional Express entered voluntary administration in July last year and administrators from EY were appointed to oversee the business. This is now the second attempt to try ...
Gift 5 articles to anyone you choose each month when you subscribe. Labor could buy the collapsed airline Regional Express if a new private owner does not emerge by the middle of the year ...
This comes on top of the Albanese Government providing a loan of up to $80 million to keep Rex’s vital regional routes operating until 30 June 2025, and acquiring $50 million of debt from Rex’s ...
SYDNEY (Reuters) - The Australian government said on Wednesday it was open to acquiring collapsed airline Regional Express Holdings to ensure its regional services continue, in what would be the first ...