Rex Airlines, Australia's largest regional carrier, enters trading halt amid restructuring speculation.

Rex Airlines, Australia's largest regional carrier outside the Qantas Group, has entered a trading halt amid speculation over a potential restructuring team from Deloitte. The trading halt does not affect regular flights, and a statement suggests it will last at least until Wednesday. Prime Minister Anthony Albanese expressed his confidence in the airline's ability to weather the situation, emphasizing the importance of a viable and ongoing Australian aviation industry.