Regional airlines get $5.7m funding to help manage operating costs

Working Capital Grants For Regional Airlines

“Ministers have agreed that $5.7 million from the Regional Infrastructure Fund (RIF) will be made available for working capital grants for regional airlines."

Regional airlines get $5.7m funding to help manage operating costs

The government is offering up $5.7 million out of the Regional Infrastructure Fund for regional airlines to help manage operating costs putting pressure on the sector.

$5.7m Grants Rescue Regional Airlines

Regional airlines are getting a $5.7 million government lifeline as jet fuel and aviation gas costs bite hard.Regional Development Minister Shane Jones and Associate Transport Minister James Meager announced Monday that the money will come from the Regional Infrastructure Fund as working capital grants — covering day-to-day costs