July 30 (Reuters) - Airline Regional Express Holdings (REX.AX), opens new tab, which serves rural towns in Australia, has entered voluntary administration and its Boeing 737 fleet has been grounded, ...
SYDNEY, July 31 (Reuters) - Australian airline Regional Express Holdings (REX.AX), opens new tab will cut hundreds of job after it entered voluntary administration, the second small airline to do so ...
Regional councils say they want security bonds on airline carriers who use their airports to ensure stability for travellers.
An 11th-hour bid to oust the directors of struggling carrier Rex will be sidelined ahead of a vote by tens of thousands of creditors to decide whether to resurrect or liquidate the company.
Aviation holdings company Air T has signed a sale and implementation deed with administrators EY with the intention of assuming control of Rex from mid-December. A committee of creditors meeting held ...
Australia’s antitrust regulator will “remain vigilant” to any domestic airfare hikes by Qantas and Virgin Australia, following Regional Express’ (Rex) withdrawal from the market. In its quarterly ...
The Australian Securities and Investments Commission (ASIC) has taken beleaguered operator Regional Express (Rex) to court, amid allegations of “serious governance failures”, including a “misleading” ...
A creditors’ report has detailed the value of a planned takeover of the failed Rex Airlines along with the value of last year’s sale of subsidiary National Jet Express. That is just one quarter of the ...
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 ...
CEO Vanessa Hudson has shaken up her leadership team, including creating a new executive role to lead the airline’s push into ...