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Federal buyout of Rex 'sabotaging' sale before it's even begun say Libs

Summary by begadistrictnews.com.au

Eden-Monaro's Liberal candidate responds to Prime Minister's proposed purchase of Rex Airlines

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begadistrictnews.com.au

Federal buyout of Rex 'sabotaging' sale before it's even begun say Libs

Eden-Monaro's Liberal candidate responds to Prime Minister's proposed purchase of Rex Airlines

3 days ago

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cowraguardian.com.au

Rex airline could be nationalised without buyer - Cowra Guardian

By Kat Wong and Jacob Shteyman for AAPThe federal government could buy out regional carrier Rex Airlines if a suitable private sector bidder can't be found.Prime Minister Anthony Albanese said the government would work with Rex administrators to find a buyer committed to providing ongoing service to the regions, value for money and good governance.If that falls through, Labor will begin working on contingency plans - including preparations for a…

3 days ago

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Australian Rural & Regional News

Feds to acquire Rex if no buyer found

The federal government will acquire Regional Express if the collapsed airline fails to find a buyer – a move which would make it the first nationally-owned carrier in three decades. Regional Express entered voluntary administration in July last year, after it failed to expand its services to competitive capital city routes. Administrators from EY were appointed to oversee the business, also known as Rex, but have so far been unable to secure a b…

3 days ago

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