Australian government may buy Rex Airlines to keep vital regional flights operating.

The Albanese government in Australia is considering purchasing Rex Airlines, a vital regional carrier, if no private buyers are found. This potential acquisition would be to maintain essential aviation services to remote areas, with the government already having provided an $80 million lifeline. If successful, it would be the first time since the 1990s that the Australian government owns an airline, given Rex's significant $500 million debt.

5 weeks ago
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