Australian airline Rex has entered into voluntary administration, the second domestic airline to fail this year in a market dominated by Qantas Airways Ltd.
Regional Express Holdings Ltd., as Rex is formally known, has appointed Ernst & Young as administrators, according to a statement on Tuesday. Domestic flights on Rex’s fleet of Boeing Co. 737 jets have been canceled, with passengers affected being contacted by the airline, according to the statement. Regional flights operated using Saab 340 aircraft are unaffected and will continue to operate.
