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…
Western Australian Government Subsidizing Regional Airlines
Western Australia’s government is caping the price of regional domestic flights in the state to make air fares more affordable but it also helping regional airlines by subsidizing these air services. It says it is providing A$19.9 million (US$13.5 million)…
Australia’s Rex Pilots Poised To Take Industrial Action
Regional Express’ (Rex) Saab 340 pilots, who are unhappy with pay negotiations, have voted in favour of taking industrial action. The Australian Federation of Air Pilots (AFAP) released the results of the vote showing 230 of the 247 AFAP members…
Australia’s Rex May Exit More Regional Routes
Regional Express (Rex) is reviewing its regional network, a move that comes as it faces increased competition. A Rex spokesperson confirms to Smart Aviation Asia Pacific that its regional network is being reviewed, though the details will only be released…
Australia’s Rex Attributes Closure Of Route Due To Qantas
Regional Express (Rex) is ceasing its flights between Albury and Melbourne, a route that it has served for nearly four decades, citing Qantas Airways’ move into the market as reason for terminating the service. John Sharp, Rex deputy chairman, says…
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…
