Regional airline Rex saved after $50m taxpayer lifeline

Regional airline Rex saved after $50m taxpayer lifeline

Embattled regional airline Rex will go up for sale again, as a debt lifeline paves the way for a second crack at finding a new owner. The federal government will acquire $50 million of debt from Rex's largest creditor, to stop a debt firm putting the carrier into liquidation and comprising critical regional travel services. This video includes ACM-produced voiceover powered by AI.


User: Australian Community Media

Views: 2.6K

Uploaded: 2025-01-24

Duration: 00:53

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