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Australia
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Aussie airline Rex goes into administration

Rex operated regional routes successfully for several decades, but an ambitious expansion on capital city routes has been a catalyst for failure.

Rex regional services with Saab turboprop planes will continue.

Australian airline Rex has called in the administrators and suspended its capital city jet services as it looks to government support to keep its regional services in the air.

Rex shares were suspended from trading on the ASX on Monday pending an announcement and after an emergency board meeting

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Lachlan Colquhoun Wed, 31 Jul 2024
Contact the Writer: lachlan@nbr.co.nz
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Aussie airline Rex goes into administration
Australia,
105117
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