The dramatic development comes hours after the airline suspended all of its flights and weeks after a rash of speculation about the future of the airline.
Starting 28 October, the airline will increase Perth–Hong Kong services from six to 11 per week and Brisbane–Hong Kong services from six to 10 per week, with Sydney and Melbourne to retain their current four and three flights per day respectively.
The Australian has reported Sam Freeman, a partner at administrator EY Australia, saying Rex’s 737 fleet is “permanently grounded” and that EY is looking to present sale options to creditors within 25 working days. Asian investor PAG is believed to be …
The dramatic development comes hours after the airline suspended all of its flights and weeks after a rash of speculation about the future of the airline.