Australia considers buying struggling Rex Airlines to save jobs, splitting politicians.

The Australian government is contemplating the acquisition of Rex Airlines, a regional carrier facing financial troubles, if a private buyer isn't found. The government has already injected $130 million to keep the airline running. While regional airports support the move, the Coalition party opposes it, arguing against using taxpayer funds to bail out the airline. The cost of a potential government takeover and the timeline are yet to be determined.

5 weeks ago
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