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…
Australia’s Regional Express Reportedly Eyeing Cobham Aviation Services
Regional Express (Rex) is reportedly considering whether to acquire Cobham Aviation Services’ two businesses, a move that would allow it to gain more market share. The Australian Financial Review, without naming its sources, reports that Rex has been doing due diligence…
ANALYSIS: Private Equity Owner To Sell Cobham Aviation Services Australia At The Top Of The Market
While Cobham Aviation Services Australia has yet to comment on news reports that it is up for sale, the news comes as no surprise to those following what has been happening since US private equity company Advent International acquired the…
Cobham Aviation Services Australia Adds Another De Havilland Aircraft of Canada Dash 8-400
Cobham Aviation Services Australia (Cobham) has taken delivery of its sixth De Havilland Canada Dash 8-400 and will add four more aircraft in its move towards a green future. Cobham says in a statement the latest Dash 8 will join…
Australia’s Cobham Launches New Route In Western Australia
Cobham Aviation Services Australia (Cobham) has launched a regular charter service to the Sunrise Dam Gold Mine in southeastern Western Australia. Cobham says in a statement it is providing six return flights per week from Perth to transport more than…
