Regional Express (Rex), today announced that it had purchased 4 Saab 340 B model aircraft. The aircraft were originally operating in the Rex fleet under a lease which expired in October 08. The acquisition was funded from Rex's operating cash flows.
The purchase brings the number of Saab 340 aircraft owned by Rex to 24.
Regional Express (Rex) is Australia’s largest independent regional airline operating a fleet of 40 Saab 340 aircraft on more than 1,200 flights weekly to 24 destinations from Sydney, Melbourne and Adelaide. The Rex Group comprises Regional Express, air freight and charter operator Pel-Air Aviation and Dubbo based regional airline Air Link, as well as the pilot academy Australian Airline Pilot Academy.