Updated
Rex stops selling seats as board scrambles to stabilise airline
Ayesha de KretserSenior reporter
Updated
The board of embattled Regional Express will meet to decide on the airline’s fate after it stopped selling seats on flights between major cities, and as it evaluates a plan to simplify the business back to its regional flying roots.
Two sources, speaking on condition of anonymity, said EY was working with the carrier and was likely to be appointed to help with the restructure.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
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