Under the arrangements, Rex’s debt will be restructured, with $90 million owed to the government set to be carried forward in ...

Rex, a lifeline for the bush and many regional towns, could be saved by American company Air T. But some key changes are needed.

The government has unveiled its financing for the deal that includes restructuring existing debt and providing a commercial ...

U S-based Air T officially signed a Sale and Implementation Deed to acquire Regional Express (Rex) from multiple administrators, with Australia's government agreeing to restructure Rex's financing to ...

In their report released on Monday night, the voluntary administrators from EY Australia recommended the approval of the Air ...

The Federal Government’s $5m support program for regional airports hit by Rex Airlines’ voluntary administration welcomed by ...

July 30 (Reuters) - Airline Regional Express Holdings (REX.AX), opens new tab, which serves rural towns in Australia, has entered voluntary administration and its Boeing 737 fleet has been grounded, ...

Debt-ridden Rex Airlines will be purchased by a US-based air services company to save it from going under — but creditors are ...

SYDNEY, July 31 (Reuters) - Australian airline Regional Express Holdings (REX.AX), opens new tab will cut hundreds of job after it entered voluntary administration, the second small airline to do so ...

Regional Express Airlines, also known as Rex, has found a US buyer after the carrier went into voluntary administration last ...

The US firm seeking to buy Rex Airlines believes the existing fleet of Saab 340s can continue to fly because “although the airframes are old, the parts and engines are only half as old”.

A Broken Hill councillor was on a home-bound flight from Sydney when one of the plane's engines stopped mid-air, in an ...