The Federal Government has thrown Rex Airlines another lifeline after taking on the troubled carrier’s $50 million debt from PAG Asia Capital.
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Image: Ryan/stock.adobe.comThe Federal Government is supporting the continued operation of Rex Airlines regional services, with the announcement it will acquire debt from the company’s largest creditor. The government will acquire $50 […]
The Federal Government has thrown Rex Airlines another lifeline after taking on the troubled carrier’s $50 million debt from PAG Asia Capital.
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Regional Capitals Australia chair and Port Hedland mayor Peter Carter has welcomed the Federal Government’s decision to keep Rex Airlines running.
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