News Articles for Regional Express Holdings

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.

There's hope regional airline Rex can expand its manifest under the wing of an international buyer, but questions remain about key parts of the deal.

Qantas has cancelled its Perth to Busselton flights less than four months after launching them due to low demand.

The corporate regulator is suing listed airline Regional Express over “serious governance failures” linked to misleading profitability claims before it landed in administration.

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.

Rex has announced thrice weekly Adelaide-Perth fights using an E190 jet with airfares from $249 for economy.

Regional Express Holdings has secured two contracts to offer additional weekly flights for the fly-in, fly-out market in Western Australia.

Rex Airlines and Skippers Aviation have once again secured deals to exclusively operate regional air services in the Great Southern, Northern Goldfields and Gascoyne regions.

The Australian Competition and Consumer Commission has rejected the airline's planned takeover of Brisbane-based Alliance Aviation Services Ltd.

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.

ASX-listed companies have detailed roughly $2 billion in JobKeeper payments spanning the last two financial years, with only a handful making voluntary repayments.

Airline Regional Express has forecast a full-year loss of $15 million due to Victoria's coronavirus outbreak.

Australians looking for cheap flights are already benefitting from Rex's entry into the domestic market, after Jetstar and Virgin cut prices in response.

Regional airline Rex has leased six Boeing 737 planes as it prepares to take on Qantas and Virgin with flights between capital cities next year.

Australia's top competition body will closely scrutinise the domestic flight market as restrictions have led the nation's major airlines to consider strategic overhauls.

Regional Express has doubled its flights from Perth to Albany and Esperance, under an agreement with the state government.

Regional Express said its board had approved plans to raise at least $30 million to launch services that would compete against Qantas and Virgin Australia.

Australian airline Regional Express (Rex) has been guaranteed at least one return service per week to most of its 59 destinations under the federal government's regional airline support program.

A privately owned WA airline has taken the lead on an innovative new service as the state government continues its review of regional aviation.