Rex is a crucial service for many regional and remote Australians, operating routes that other commercial airlines don’t fly, such as Parkes to Sydney in NSW, Mildura to Melbourne in Victoria, and Mount Isa to Cairns in Queensland.
The announcement on Tuesday night, which comes after $80 million in funding and the purchase of $50 million in Rex debt from financier PAG, is the clearest signal yet that the airline could become the first to be owned by an Australian government since…