Transport Minister Catherine King argued creditor PAG could have collapsed the airline “at any stage” and insisted the purchase was also necessary to make a second attempt to find a buyer.
The move will see the Commonwealth buy out the remainder of the money owed to PAG, the Asian firm whose investment allowed Rex to launch capital city 737 flights in 2021.
Last month, 75.1 per cent of Virgin and VARA services arrived on time and 74.4 per cent departed on time, compared to 73.7 per cent and 73.1 per cent respectively for Qantas and QantasLink. Virgin also had the lowest cancellation rate of any airline at…
The airline has applied to the International Air Services Commission (IASC) to grant it 28 flights per week between Australia and Qatar using wet-leased 777-300ER aircraft from Qatar Airways, with tickets already on sale after receiving interim approva…
The changes, to be rolled out over the next 12 months, will see up to 1 million more Classic Reward seats go on sale through the Flying Kangaroo’s international partner airlines. They come after last year’s introduction of “Classic Plus” made more rewa…
The first flight of the seasonal Lunar New Year service touched down on Friday aboard the A330-300 B-LHG, with the route to operate four times per week until 15 February. According to Queensland Airports Limited, the route will deliver 5,000 seats into…
The carrier will operate A320-200 aircraft on the route from 20 March, starting at three times per week before increasing to four times per week from 12 April and daily from 1 June. In total, the service will add more than 127,000 seats between Perth a…