Over 600 jobs at troubled airline Regional Express are at risk, the administrator told workers on Wednesday after the company’s shares were suspended and flights grounded between capital cities.
Workers were told the business that services 737 flights in capital cities will cease to operate, and 360 jobs go. Another 250 jobs are at risk on regional routes. Both Qantas and Virgin have committed to pick up as many jobs as possible.
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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
