The news caps a remarkable turnaround that saw Rex obtain some of Virgin’s leased aircraft when it entered administration in ...

The federal government says it is prepared to acquire Regional Express if administrators are unable to find a buyer for the ...

Should Rex be nationalised, it would be the first time a federal government has owned an airline in three decades after ...

Australia's Regional Express Holdings (Rex) on Thursday said its voluntary administrators from Ernst & Young (EY) have begun a sale and recapitalisation process for the collapsed regional airline.

While the airline’s woes are largely of its own ... The government will also waive the “use it or lose it” test for Rex’s regional flight slots at Sydney Airport until October 2026.

The Albanese government will on Wednesday announce it is willing, as a last resort, to purchase the collapsed Rex Airlines ... it” test for REX regional flight slots at Sydney airport.

Gift 5 articles to anyone you choose each month when you subscribe. Labor could buy the collapsed airline Regional Express if a new private owner does not emerge by the middle of the year, opening ...

Rex’s former owners had “delusions of grandeur, to buy or lease big aircraft to try and compete on Sydney-to-Melbourne route and drove an airline into the ground,” he said. The RAAA’s ...

To date, the Albanese government has provided an $80m loan which was being used to help keep Rex’s aircraft flying. In January the government became the airline’s biggest creditor after taking over ...

In a statement to the ASX, EY said it has brought in Houlihan Lokey to manage the sale, and “anticipates a competitive ...