Employees reportedly told the airline will no longer operate flights between capital cities
There is speculation Asia-based private equity firm PAG, which had funded the expansion of Rex airlines, could become its new owner out of administration.There is speculation Asia-based private equity firm PAG, which had funded the expansion of Rex airlines, could become its new owner out of administration.
The TWU national secretary, Michael Kaine, called it “another dark day for aviation, with over 600 families faced with sudden joblessness in an industry that has taken hit after hit”. McKenzie also hit back against suggestions from the prime minister, Anthony Albanese, that Rex’s issues stemmed from its expansion into offering jet services on the lucrative “golden triangle” between Sydney-Melbourne-Brisbane and its push to compete with Qantas and Virgin since 2020.
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