Rex's $80m life raft episode artwork

EPISODE · Nov 13, 2024 · 45 MIN

Rex's $80m life raft

from Australian Aviation Podcast Network · host Momentum Media

It's been three-and-a-half months since Rex went into administration, and while the planes are still flying, so far the administrators have yet to find a buyer for its regional turboprop operations despite securing a deal to sell off the profitable aeromedical wing Pel-Air. Enter the federal government, which has extended its support for the airline to the tune of $80 million in financing, which the administrator has indicated it wants to use to keep the lights on until at least mid-2025 while growing the operational fleet. Adam and Jake discuss whether this latest effort from the government is likely to bear fruit, and what it might mean for Rex's regional rivals. Plus, Qantas objects to Virgin's wet-leasing deal with Qatar – but does the Flying Kangaroo have a leg to hop on? 

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Rex's $80m life raft

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This episode is 45 minutes long.

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This episode was published on November 13, 2024.

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It's been three-and-a-half months since Rex went into administration, and while the planes are still flying, so far the administrators have yet to find a buyer for its regional turboprop operations despite securing a deal to sell off the profitable...

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