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 carrier Rex is requesting an extension of its administration deadline to find new investors, and the government is providing funds to support the airline. The carrier’s administrators said ...

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

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 ...

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 ...

(Reuters) - The Australian government said on Thursday it would buy A$50 million dollars ($31.36 million) of debt from the largest creditor of collapsed airline Regional Express Holdings to have more ...

As Australia's flagship carrier, Qantas is at the forefront of this initiative, offering one of the most extensive sales campaigns in recent history. With over one million discounted seats available, ...