Regional Express was months behind on its payments to airports and other suppliers before it went into administration and ratepayers will have to foot the bill for out-of-pocket local councils.
Murray Wood, chief executive of the Dubbo Regional Council in central NSW, said Rex’s administrators at EY will only pay airports from the date of their appointment on July 30.
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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
Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com