Australia open to acquiring collapsed regional airline Rex
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 state ownership of ...
Australian Broadcasting Corporation3d
Regional Express to become government-owned airline if administrators fail to find buyer
The federal government says it is prepared to acquire Regional Express if a suitable buyer for the collapsed airline is unable to be found. The airline entered voluntary administration last year ...
The Australian Financial Review2d
Labor flags taking control of Rex
Labor could buy the collapsed airline Regional Express if a new private owner does ... government refused Labor’s push to extend Virgin Australia a $1.3 billion loan during the pandemic.
The Australian Financial Review22d
Labor pays private equity giant $50m to keep Rex from the scrapheap
The administrators of Regional Express ... buyer for the airlines’ regional operations”. Before its collapse into administration, PAG had been in talks to sell Rex to Virgin Australia, but ...
Reuters6mon
Regional Express Holdings Ltd
The Australian government said on Thursday it would buy A$50 million dollars ($31.36 million) of debt from the largest creditor of collapsed airline Regional Express Holdings to have more control ...