Canberra has issued a new commitment of support for regional airline Rex, and has revealed that government acquisition of the Australian carrier is a contingency option if buyers cannot be found. The ...

Minneapolis-based aviation holding company Air T has closed its acquisition of bankrupt Australian regional carrier Rex. Air T said that, going forward, Rex will be focused on growth. The new owner ...

In doing so, the government will become the airline’s principal secured creditor, acquiring the debt from Rex’s largest ...

Join our free webinar for a quick tour around ch-aviation with an introduction to its Business Aviation data & news and best practices for a flying start.

Regional airline Rex's sale to a US buyer has been ticked off, paving the way for new ownership to take over as soon as December. More than a year after the cash-strapped carrier went into voluntary ...

Administrators for Regional Express (Rex) will increase the Australian carrier’s operational fleet under a business improvement plan made possible after the government agreed to extend its financial ...

SYDNEY, Nov 12 (Reuters) - The Australian government said on Tuesday it would provide up to A$80 million ($52.6 million) to airline Regional Express Holdings (REX.AX), opens new tab to keep its ...