Forbes Asia has ranked Regional Express (Rex) among the top 200 listed companies in Asia Pacific with revenue less than USD 1 billion in its issue of 21 September 2009. The winners were culled from 25,326 publicly listed companies and were selected based on profitability, growth, moderate indebtedness and future prospects.
Rex Executive Chairman, Lim Kim Hai, said, "It is a huge honour to be placed amongst the best in the Asia Pacific especially as it comprises such huge and dynamic economies like China, Japan, Korea, Taiwan, India, Singapore and Australia. There were no other airlines selected and in Australia there were only 17 other companies that made it to the list."
"Coming on top of the recent ranking by Aviation Week, based on a study by Standard and Poors, which placed Rex as the best regional airline in the world, Australia can be proud of laying claim to having a regional air service that is of the highest calibre and which is second to none in the world."
Regional Express (Rex) is Australia’s largest independent regional airline operating a fleet of 40 Saab 340 aircraft on some 1,300 weekly flights to 29 destinations throughout New South Wales, Victoria, Tasmania, South Australia and Queensland. 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.
|Source: Forbes Magazine Asia (21 Sep 2009)|