Thursday, 19 November 2020
Rex today announced that it had signed an agreement with PAG Regulus Holdings Pte Ltd
(PAG), a subsidiary of leading Asia-Pacific focused investment firm PAG that will see an
investment by PAG of up to AUD150 million to be used exclusively to support the launch of
Rex’s domestic jet operations scheduled to commence on 1 March 2021 (Funding).
Thursday, 5 November 2020
Rex Airlines has taken a huge step towards launching its domestic operations, with the delivery of its first Boeing 737-800 NG aircraft.
Wednesday, 30 September 2020
Rex today announced that it had yesterday evening signed Letters of Intent with two Lessors for the lease of six Boeing 737-800 NG aircraft.
Monday, 28 September 2020
Rex today thanked the Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack, following the announcement that the Regional Airline Network Support (RANS) program will be extended.
The extension of the RANS program, which will now run until 28 March 2021, will ensure that vital regional air corridors remain operating, albeit at reduced capacity.
Wednesday, 23 September 2020
Following Rex’s call for Expressions of Interest (EOI) from communities which have been abandoned by Virgin Australia, Rex today reports that it has been progressing discussions with several cities including Geraldton, Port Macquarie and Canberra.
Tuesday, 22 September 2020
Regional Express Holdings Ltd ACN 099 547 270 (Rex) has signed yesterday evening a long-form term sheet and is in advanced exclusive negotiations with PAG Asia Capital (PAG), a leading Asia-Pacific focused investment firm, regarding an investment by PAG of up to AUD150 million to be used exclusively to support the launch of Rex’s domestic major city jet operations scheduled to commence on 1 March 2021 (Funding).
Tuesday, 15 September 2020
Regional Express (Rex) today announces that it stands ready to service the regional cities that have been abandoned by Virgin Australia.
Monday, 14 September 2020
Regional Express (Rex) welcomes the decision by the Australian Competition and Consumer Commission (ACCC) on 11 September 2020 to grant authorisation to Rex to collaborate with Qantas (QantasLink) and Virgin Australia on ten regional routes until 30 June 2021.
Thursday, 3 September 2020
Regional Express (Rex) states that Qantas CEO, Alan Joyce, had been misinformed by his advisors when he wrongly asserted at the CAPA Australia Pacific Aviation Summit on 2 September 2020, that Rex was using Commonwealth grants to finance its new domestic jet operations starting March 2021.
Monday, 31 August 2020
The Regional Express (Rex) Group today released its preliminary final report announcing a statutory Loss After Tax of $19.4 million (M) on a turnover of $321.8M for Financial Year 2020 (FY20).
Wednesday, 19 August 2020
Following an announcement on June 30 2020, when Regional Express (Rex) declared that it had almost doubled the number of flights in Western Australia (WA) with effect from July 6, 2020, Rex is pleased to today announce that it is once again increasing its flight schedule in WA with effect from August 31, 2020.
Thursday, 6 August 2020
Regional Express (Rex) announces today that it will resume flights to Grafton with effect from Monday, August 17, 2020.
Rex will operate return services three days a week, on Monday, Wednesday and Friday.
Friday, 31 July 2020
Regional Express (Rex) welcomes today’s announcement from the Australian Competition & Consumer Commission (ACCC) that it will continue to allow Rex, Qantas and Virgin Australia to cooperate on 10 competitive regional routes under a draft determination.
Friday, 3 July 2020
Regional Express (Rex) is calling on the Federal Government to review all assistance to Qantas from the Australian Airline Financial Relief Package, the Domestic Aviation Network Support package and the COVID-19 Regional Airline Network Support (RANS) Program as Qantas has demonstrated that it has spare funds to incur additional losses simply to weaken its competitor at this time of national crisis.