Category: Australia

The airline blamed “rising supplier costs, high airport fees and intensified competition in the region” for the shock move but insisted the aircraft would help support its domestic fleet renewal program.

The low-cost carrier, which in 2014 axed a Darwin-Manila service launched several years prior, is looking to fly from Perth to Manila and Brisbane to Cebu using its A321neo LR fleet, having received approval from Australia’s International Air Services …

The Australian Financial Review has reported Anchorage Capital Advisors, which has in the past recapitalised businesses such as Slater & Gordon and Alinta Energy, was among the firms that bid on Rex before binding offers closed last week.