Global Pilot Shortage, ‘Golden Triangle’ Misstep Grounded Rex: Administrators

Global Pilot Shortage, ‘Golden Triangle’ Misstep Grounded Rex: Administrators

Although it’s been over a year since the first meeting of creditors of the failed Rex airline was held, it’s still not clear how much creditors—which include Australian taxpayers after the federal government decided to provide financial support—can expect to recover as the operation is taken over by American aviation company Air T. While analysts at the time attributed the company’s woes to its poorly executed entry into capital city markets, po…

Rex administrators blame pilot and parts shortage

Administrators to beleaguered regional airline Rex have found a pair of factors contributed to its insolvency above its...

Australian National Review - Global Pilot Shortage, ‘Golden Triangle’ Misstep Grounded Rex: Administrators

Rex Airlines Boeing 737 planes lay idle on the tarmac at Melbourne’s Tullamarine Airport on July 31, 2024. William West/AFP via Getty Images Although it’s been over a year since the first meeting of creditors of the failed Rex airline was held, it’s still not clear how much creditors—which include Australian taxpayers after the federal government decided to provide financial support—can expect to recover as the operation is taken over by Americ…