A creditors' report has detailed the value of a planned takeover of the failed Rex Airlines along with the value of last year's sale of subsidiary National Jet Express.
Perth-based fly-in, fly-out airline National Jet Express has come under the full ownership of two Singapore-based directors including former Rex Airlines chairman Lim Kim Hai.
The competition watchdog is seeking to maintain four independent operators in the fly-in, fly-out market, flagging plans to quash Virgin's partnership with Alliance over fears it would erode competition.
Rex has acquired the fly-in, fly-out arm of Cobham Aviation for $48 million, a move it hopes will help it become a premier operator in the lucrative resources sector.
Regional Express appears to have its sights set on a foray into the fly-in fly-out sector, entering a trading halt after revealing it was vying for a slice of Cobham Aviation's operations.
Cobham Aviation Services said there was keen interest from potential buyers of the company, as it took delivery of its newest aircraft in Western Australia.
Qantas has reaffirmed its desire to gain control of Alliance Aviation Services despite the competition watchdog today expressing concern about the two airlines coming together.
The international owners of Cobham Aviation Services, which is one of the major players in the FIFO charter market in WA, have announced a strategic review that could lead to new ownership.
KPMG's Energise accelerator has delivered an immediate return for the eight start-up companies participating in the program, with pilot projects and prizes worth more than $650,000 being awarded.
KPMG has named the eight businesses it has selected to participate in its recently announced technology accelerator Energise, which will be held in Perth.
Perth based junior airline Cobham Aviation Services has been awarded a contract to provide fly-in, fly-out services to two Gold Fields Australia mine sites in Western Australia.
Alliance Aviation Services has won a contract to supply charter flights for BHP Billiton Iron Ore's fly-in fly-out workers, bumping rival operator Cobham Aviation.
Cobham Aviation Services Australia has today secured the country's largest-ever aviation support contract for the resources industry with a $170 million contract to provide flight services for Chevron's operations in the north of the state.
