'Governments shouldn't own airlines': Rex rescue panned

Canberra CityNews

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'Governments shouldn't own airlines': Rex rescue panned

Rex could become the first national carrier in three decades if a suitable buyer can’t be found. By Kat Wong and Jacob Shteyman in Canberra Rex Airlines could become Australia’s first publicly-owned airline since the 1990s, with the government considering taking over the failed regional carrier if a suitable private sector buyer can’t be found. Prime Minister Anthony Albanese said his government would work with Rex administrators to find a buyer…

ch-aviation

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Australian gov't to buy Rex if no other buyer found

The Australian government will acquire Regional Express Holdings, trading as Rex - Regional Express (ZL, Wagga Wagga), should the carrier's administrator fail to find an alternative buyer. Prime Minister Anthony Albanese says it must ensure that scheduled passenger flights to regional and remote towns continue. Rex filed for voluntary administration in July 2024. "The government is not a bidder in the upcoming sale process and would like to see …

aviacionnews.com

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The Australian government would be analyzing the possibility of buying from the regional airline Rex if a viable buyer is not found. The idea is to maintain competition in the island-continent cabotage. Rex declared in the Creditors Contest last July, after a failed expansion to major routes like Sidney/Melbourne. The company tried to challenge Qantas Airways, but its strategy failed to achieve the necessary financial stability. Rex is key to co…

2paxfly.com

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REX AIRLINES: Government will buy if commercial sale fails

Regional Express (Rex) has faced a tough road since its inter-capital city route plans failed last year. It has been offered for sale since entering voluntary administration in mid-2024. With a fleet of aging 40-year-old Saabs, mounting pressure from creditors and operational challenges, the administrators are struggling to find a buyer for the airline. Regional air services are essential in Australia, given the distances between destinations in…

IBTimes Australia

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Rex Airlines Could Become Government-Owned If No Private Buyer Steps Forward

Finance Minister Katy Gallagher said that people in regional and remote Australia should have access to dependable, affordable, and convenient air travel.

NBN News

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Federal government considers buying Rex Airlines

Regional airports have welcomed news the federal government may acquire Rex, if a buyer can’t be found for the embattled airline. But the Coalition has opposed the move – saying taxpayers shouldn’t have to prop it up.