Another Aussie airline in trouble
Financial problems at Rex Airlines come after the collapse of low cost carrier Bonza in April.
Rex posted a loss of A$3.2m for the six months to the end of December.
ASX listed carrier Rex Airlines has gone into a trading halt after weekend reports that Deloitte had been appointed as “turnaround” experts to save the struggling business.
Shares in Rex have plunged by almost 50% over the last 12 months amid boardroom conflict with the company’s biggest
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