In a statement released on Friday morning, liquidator Ernst & Young said stranded passengers would be “informed of this disruption” and booked on flights when operations resume. The existing management team will also remain in place.
Speaking to Patricia Karvelas on ABC News, Minister King said she had to “treat every bidder equally, which is why they need to work through the administration”. It comes after the government indicated it could nationalise Rex if a commercial buyer is …
Sources have told The Australian and the AFR that the airline, owned by US financier Bain Capital, and its executives have been meeting with potential investors, while the group has also been restructured in new filings as a public company.
In a statement released on Friday morning, liquidator Ernst & Young said stranded passengers would be “informed of this disruption” and booked on flights when operations resume. The existing management team will also remain in place.