Virgin Australia Could Save Regional Flights as Rex Goes Into Administration

Published on July 30, 2024

The parent company of Rex Airlines has announced it has entered into voluntary administration, resulting in the grounding of all flights between major airports. However, regional Saab 340 flights remain unaffected and will continue to operate. Regional Express Holdings Limited filed for voluntary administration on July 30, appointing Samuel Freeman, Justin Walsh, and Adam Nitikins of Ernst and Young Australia as joint and several voluntary administrators by the Rex Group’s board of directors. According to the Transport Workers Union, the administrators of Rex Airlines predicted as many as 850 jobs would go as a result of the latest development. The airline’s fleet of Boeing 737s, used for major city routes, has been grounded, with Virgin Australia offering free rebooking to affected customers....