Taxpayers take risk on Rex if ailing airline can't sell

The West Australian

The Canberra Times

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Canberra CityNews

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Taxpayers take risk on Rex if ailing airline can't sell

Experts are questioning why taxpayers should be placed on the hook for bailing out Rex through a government takeover if buyers are unwilling to take the risk.

areanews.com.au

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'We must have Rex': Griffith mayor weighs in on potential government buy

Griffith mayor Doug Curran opposes federal plan to buy Rex, urging support for regional air services and new airport funding.

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Taxpayers take risk on Rex if ailing airline can't sell - News Of The Area

The government has already loaned Rex up to $80 million to keep regional routes running. Photo: Jane Dempster/AAP PHOTOS. A LACK of buyer interest in embattled regional carrier Rex suggests a major flaw with the business that could leave taxpayers facing a hefty bill if the airline is nationalised, experts say. After an unsuccessful sale process in late-2024, a potential government takeover is on the table if the ailing airline’s administrators …

airliners.de

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The Australian government is open to the takeover of the insolvent regional airline Rex. Entry would be the first state stake in an airline in Australia for 30 years.