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Five of Rex’s Saab 340 aircraft which are used to operate regional routes. Picture: Ryan Pierse/Getty Images It appeared that a new owner of Rex would need to invest heavily in the Saab fleet ...
A Rex Saab 340 approaching Tullamarine Airport in Melbourne. Picture: William West/AFP “I’m a bit surprised somebody hasn’t stepped forward because the business does make money, and I think ...
The prospect of eventual liquidation is looming large, as aviation industry sources estimated Rex needed hundreds of millions of dollars to regenerate its fleet of Saab 340 and Saab 340 B aircraft.
Rex's regional Saab 340 flights are unaffected and continue to operate but the 737 services - which cover major cities, including the busy Sydney-to-Melbourne route it began operating in 2021 ...
A Rex Saab 340 over Melbourne Airport. Picture: William West/AFP The judgment noted, that administrators EY had identified Rex had some items in its possession that appeared to belong to Jet ...
recognising the important role that Rex plays in regional communities right across Australia." The company has continued using its fleet of ageing Saab 340 turboprop aircraft for regional flights ...