Employees reportedly told the airline will no longer operate flights between capital cities
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The administrators called in to run Rex have told workers that 610 jobs at the airline will be axed, according to a key aviation union.
Also on Wednesday, there was speculation that Asia-based private equity firm PAG, which funded Rex’s $150m expansion to jet operations, was considering becoming the airline’s new owner out of administration.
Continue reading…Employees reportedly told the airline will no longer operate flights between capital citiesFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe administrators called in to run Rex have told workers that 610 jobs at the airline will be axed, according to a key aviation union.Also on Wednesday, there was speculation that Asia-based private equity firm PAG, which funded Rex’s $150m expansion to jet operations, was considering becoming the airline’s new owner out of administration.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…