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Regional Express Holdings

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The corporate regulator warned Treasurer Jim Chalmers in secret briefings it had become increasingly concerned about the corporate governance of beleaguered airline Rex.

ASIC had raised ‘increasing concerns’ about Rex with the government

Hours after Rex went into administration, the watchdog told Treasurer Jim Chalmers it was probing the airline for deceiving investors about its profitability.

  • Sumeyya Ilanbey

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While the airline’s woes are largely of its own making, regional Australia’s reliance on Rex makes it a politically sensitive issue coming into this year’s election.

Albanese government says it will acquire collapsed Rex Airlines if no other buyers emerge

The move would make it the first Australian government to own an airline since Qantas was privatised in the 1990s.

  • Natassia Chrysanthos and Mike Foley
Former Rex chairman Lim Kim Hai in 2022.

Rex’s desperate hunt for $10 million before airline’s collapse

New documents show former executive chairman Lim Kim Hai described the airline’s sales as “bewilderingly bad” less than two months after Rex said it expected to make a profit.

  • Sumeyya Ilanbey
PAG has put new capital into Regional Express.

Can things get any worse for Australia’s third-biggest airline?

The federal government handed it an $80 million lifeline last month, but it should have imposed stricter conditions on Rex before handing over the money.

  • Elizabeth Knight
John Sharp

ASIC briefed government about Rex investigation before $80m lifeline

The corporate regulator warned Treasurer Jim Chalmers it was investigating Regional Express for misleading conduct before the Commonwealth bailed out the collapsed airline.

  • Sumeyya Ilanbey
Prime Minister and former transport minister Anthony Albanese has been criticised for being too close to Australia’s biggest airline, Qantas.

Qantas’ lions share of taxpayer-funded flights under the microscope

The government’s aviation white paper will review why more than 80 per cent of government bookings are made with one airline.

  • Amelia McGuire
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Qantas and Jetstar make up 65 per cent of the airline industry in Australia.

Watchdog rules to help people ‘get what they pay for’ from airlines

The new charter of rights for airline customers is just one of 56 proposed reforms that will govern the nation’s aviation sector for decades to come.

  • Amelia McGuire
A Regional Express REX plane at Sydney’s domestic airport.

Government to guarantee Rex flight bookings for the next month

Transport Minister Catherine King has confirmed regional flights booked with Rex will be covered in a bid to keep the regional airline solvent.

  • Amelia McGuire
Rex, which has served regional Australia for 22 years providing links with communities and their economies into capital cities, entered the intercity market after Covid-19 lockdowns.

Qantas, Virgin domination needs to be questioned

Regional Express (Rex) is not the first airline to unsuccessfully challenge the market power of Qantas and Virgin.

  • The Age's View
Will Rex be the latest low-cost airline to disappear from the skies?

‘It ends up just being a bloodbath’: Why plucky, third player Rex Airlines came unstuck

A graveyard has filled with airline groups that have tried and failed to challenge the duopoly in the skies, from Compass to Tiger Airways and Bonza. Rex is just the latest.

  • Anne Hyland

Original URL: https://www.theage.com.au/topic/rex-1b0