Aussie airline Rex goes into administration
Rex operated regional routes successfully for several decades, but an ambitious expansion on capital city routes has been a catalyst for failure.
Rex regional services with Saab turboprop planes will continue.
Australian airline Rex has called in the administrators and suspended its capital city jet services as it looks to government support to keep its regional services in the air.
Rex shares were suspended from trading on the ASX on Monday pending an announcement and after an emergency board meeting
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