Regional airline Rex saved after $50m taxpayer lifeline

2025-01-24 54

Embattled regional airline Rex will go up for sale again, as a debt lifeline paves the way for a second crack at finding a new owner. The federal government will acquire $50 million of debt from Rex's largest creditor, to stop a debt firm putting the carrier into liquidation and comprising critical regional travel services. This video includes ACM-produced voiceover powered by AI.