Rex profit promise 'untenable' for responsible company

Rex profit promise 'untenable' for responsible company

The corporate watchdog's legal team has lambasted a regional airline's statement forecasting profits ahead of an eventual eight-figure loss.

Rex’ Airlines bailed out of $395,000 Esperance debt

The Federal Government will bail Rex Airlines out of a debt of hundreds of thousands of dollars owed to Shire of Esperance.

Creditors of Australia's Rex paid US$3.4mn

The Australian government has disbursed AUD4.8 million Australian dollars (USD3.4 million) to 34 regional and remote airports to settle debts related to the voluntary administration of Rex - Regional Express (ZL, Wagga Wagga). According to a government press release, 95% of claimant airports were eligible for the Regional and Remote Airport Support Program. The approved facilities received payments for 100% of their eligible unsecured debt. The …

Majority of Albany’s Rex debt covered by Government

The Federal Government has committed more than $400,000 to the City of Albany as compensation for debt left in the wake of airline Rex’s collapse.

Federal government pays Rex's debts to King Island Council

King Island ratepayers won't swallow the cost of Rex Airlines’ 2024 financial collapse, after the federal government fully cleared the local council’s outstanding aviation ledger this week.