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SYDNEY (Reuters) - The Australian government said on Wednesday it was open to acquiring collapsed airline Regional Express Holdings to ensure its regional services continue, in what would be the first ...
The Australian government is prepared to buy failed domestic airline Rex in what would be a potentially major intervention by the state to maintain domestic airline competition months before an ...
SYDNEY–Australia’s government is prepared to bring the country’s third-largest airline under state ownership if insolvency specialists can’t find a buyer for the troubled domestic carrier.
Rex owes A$500 mln to 4,800 creditors Government may acquire Rex if no private buyer emerges Feb 20 (Reuters) - Australia's Regional Express (REX.AX), opens new tab on Thursday said its administrators ...
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 ...
Australian regional carrier Rex has gained more time to pursue a deal with potential investors. Rex entered voluntary administration in July 2024, and its administrators have been attempting to find a ...
SYDNEY--Australia's government is prepared to bring the country's third-largest airline under state ownership if insolvency specialists can't find a buyer for the troubled domestic carrier. Regional ...
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