The Australian government said on Tuesday it would provide up to A$80 million ($52.6 million) to airline Regional Express Holdings to keep its regional routes running during an extended voluntary administration process.

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Reuters

United Kingdom

Australia regional airline Rex gets $53 mln government lifeline to keep flying


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The competition watchdog has found there have been steep increases in domestic airfares since the collapse of Bonza and Rex Airlines.

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Sydney

New South Wales

Australia

Steep increases in domestic airfares since Bonza and Rex went bust, watchdog finds

The federal government announces a bailout for Rex Airlines, while an ACCC report has revealed domestic airfares have risen since Rex's collapse.

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Australian Government

Airline industry faces day of reckoning with coordinated reports and inquiries

The airline entered voluntary administration in July, shedding more than 600 jobs and casting serious doubt on its ability to keep regional Australia connected to the nation’s capital.

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Murdoch family

Major update for struggling airline Rex with $80m lifeline

Troubled airline Rex has been handed a lifeline with the federal government set to provide up to $80 million to help it keep operating on regional routes.

陷入困境的航空公司Rex獲得救命稻草，聯邦政府決定撥款最高8000萬澳元，幫助Rex維持偏遠地區航線的運營。

機票越來越貴 政府撥款八千萬支持Rex偏遠航線 | Rex航空 | 機票價格 | 市場競爭

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Falun Gong

Air tickets are getting more expensive. The government allocated NT$80 million to support Rex's remote routes | Rex Airlines

The federal Labor government will provide financing to keep regional airline routes operated by Rex, which went into voluntary administration in July, running.

The West Australian

Kerry Stokes

Rex gets multi-million lifeline for regional flights

The federal Labor government will prop up the struggling Rex Airlines to the tune of $80 million (US$52 million) in an effort to keep the regional icon flying.
In a statement on Nov. 12, Transport Minister Catherine King and Workplace Minister Murray Watt announced the funding would be necessary as the government continued working on longer term solutions.
Rex went into voluntary administration in July this year as the company struggled with pro…

The Epoch Times

Epoch Media Group

New York

United States

Government Provides $80 Million Lifeline to Struggling Regional Airline Rex

PerthNow

City of Perth

Western Australia

The federal funding means Rex, which went into voluntary administration in July, will be able to maintain regional routes.

SBS News

Rex regional flights: Government gives airline $80 million lifeline

Government Lifeline: Rex Airlines Secures $80 Million Boost  The Australian government announced a significant support package of up to A$80 million for Regional Express (Rex), which is navigating an extended voluntary administration period.Having faced substantial challenges, including job cuts and the closure of its Boeing 737 subsidiary, Rex aims to continue serving Australia's regional areas.The financial support will help keep regional rout…

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Government Lifeline: Rex Airlines Secures $80 Million Boost

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Australia regional airline Rex gets $53 mln government lifeline to keep flying

Australia regional airline Rex gets $53 mln government lifeline to keep flying

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