In an unexpected turnaround, Lim – who, along with three fellow former Rex directors, had denied ASIC’s claims surrounding a statement released to the ASX in February 2023 – gave up the fight on Wednesday and agreed to accept penalties.
Avia Solutions Group (ASG), which purchased Skytrans in March, intends to fly mainly A319 jets under wet lease using Skytrans’ AOC with room for A320s and A321s depending on demand, alongside maintaining the existing regional turboprop network for regu…