Published 1 year ago • loading... • Updated 1 year ago
Politics with Michelle Grattan: David Littleproud on US tariffs, a government-owned Rex, and the Nationals’ identity
The Albanese government may acquire the regional airline Rex if no buyers emerge, ensuring continued regional flights beyond June 30, 2025, as stated by Anthony Albanese.
Rex is under voluntary administration with about $500 million in debt, and the government has become its largest creditor after acquiring $50 million of debt.
Transport Minister Catherine King emphasized the government's responsibility to maintain regional flight access, stating that aviation services are essential for communities.
The government plans to protect Rex's takeoff slots at Sydney Airport until October 24, 2026, by seeking a waiver to the 'use-it-or-lose-it' provisions.