Summary Dreams shattered: Both Bonza and Rex failed to break into Australia’s airline duopoly, met with closure. Rex administration: Domestic flights grounded, Virgin Australia offers rebooking for affected customers. Uncompetitive duopoly: Qantas and Virgin Australia prices likely to remain high after Bonza and Rex exits. In just three months, the two airlines that had the…
There has been a run a good news stories out of Western Australia’s beer scene in recent weeks, but that run has been broken with Margaret River-based Black Brewing Co entering voluntary administration. The brewery in the heart of wine country on Caves Road, which also runs Dune Distilling, is closing its restaurant tomorrow (June 15)…
The Transport Workers Union says administrators of Rex Airlines expect up to 610 jobs to be axed after the carrier entered into voluntary administration. Its fleet of Boeing 737 jets, which provide services between the major capital city airports, have all been grounded. Rex’s regional services will continue to operate. A statement posted to the…
APA Group is assessing a range of potential future uses for the Moomba sydney ethane pipeline after its principal user entered into voluntary administration. The Moomba Sydney ethane pipeline (MSEP) is a 1300km ethane pipeline connecting Moomba, South Australia to Qenos’ petrochemical facility in Port Botany, NSW. Plastics manufacturer Qenos has until now been the sole…
All Rex flights between capital cities have been grounded and the airline has entered voluntary administration just hours after the Albanese government suggested it would intervene to ensure the nation’s third-largest carrier didn’t collapse. Late on Tuesday, EY – formerly known as Ernst & Young – announced it had been appointed as administrators of the…
A beloved US burger franchise which had big plans to expand into Australia has entered voluntary administration. Late yesterday, KPMG’s David Hardy, George Georges and Emily Seeckts were appointed administrators of CJ’s Group, which is the master licensee for Carl’s Jr in Australia. The burger chain, which opened its first store in Australia in 2016,…
Regional Express Holdings’ (ASX: REX) bold push to service capital city routes in competition with Qantas and Virgin has finally taken its toll with the company placed into voluntary administration and flights suspended. But while voluntary administrators have been appointed to five companies within the Rex Airlines group, regional Saab 340 services to areas such…
Rex Airlines has entered voluntary administration. Flights between capital cities have been cancelled but the airline says regional routes are still flying as scheduled. In a statement on the Rex website, it said Virgin Australia was offering to assist customers affected by the cancellations. While Rex says it’ll contact customers, the news has created uncertainty…
By HARRISON CHRISTIAN FOR DAILY MAIL AUSTRALIA Published: 15:36 AEDT, 18 December 2024 | Updated: 16:35 AEDT, 18 December 2024 The owner of two iconic
Rex Airlines has announced it has entered into voluntary administration with flights between major airports cancelled, and the Rex Group’s domestic fleet of Boeing 737 aircraft all grounded. A statement posted a short time ago to the Rex website says Regional Express Holdings Limited and a number of its subsidiaries under the Rex Group have…