Australia’s Rex To Lease More Dash 8-400s To Compete Against Qantas’ Mining Charter Business
Australia’s largest independent regional carrier Regional Express (Rex) has completed its acquisition of Cobham Aviation Services’ fly-in fly-out (FIFO) business and flagged its intention to capture market share from Qantas Airways’ Alliance Airlines and Network Aviation which mostly serve the…
Australian Watchdog Discloses It May Block Qantas’ Take Over Of Alliance
Australia’s competition watchdog has raised the possibility it may reject Qantas Airways’ take-over of Alliance Airlines, because is concerned it will significantly dilute competition on regional routes in Western Australia and Queensland. “We are concerned that this proposed acquisition is…
Australia’s Regional Express Buying Cobham Aviation Services’ FIFO Charter Business
Regional Express (Rex) is purchasing Cobham Aviation Services Australia’s fly-in fly-out (FIFO) charter business for A$48 million (US$32 million), a move that expands its market presence across Australia. Rex says in a statement to the Australian Securities Exchange (ASX) it…
Shares In Australia’s Regional Express Halted Pending Further Announcement
Shares in Australia’s largest independent regional carrier Regional Express (Rex) have been halted, pending an announcement that may impact the value of the company or investors’ decisions. The airline’s shares on the Australian Stock Exchange (ASX) were halted effective 8:04hr…
