DALLAS — Australia’s third-largest airline, Rex (ZL), has entered voluntary administration and canceled flights on several routes.
Australia’s Regional Express, known locally as Rex, has grounded all its Boeing 737 aircraft. The airline has suspended its flights between Australia’s major cities. However, ZL will continue to operate flights to and from regional cities, operated by its smaller Saab 340 turboprop aircraft.
This comes just months after the collapse of Australia’s Bonza. The Low-cost carrier went into administration earlier this year, leaving more than 300 Bonza employees jobless. A statement on Rex’s website says it appointed Ernst and Young as administrators. Trading the airline’s shares on the stock market has…
