Rex Airlines has entered voluntary administration, cancelling all flights between major airports.
Key Takeaways
- The airline’s Boeing 737 fleet, which services major capital city airports, has been grounded.
- Flights between major airports have been cancelled but the airline continues to operate its regional routes.
- The Transport Workers Union has reported that up to 850 jobs are expected to be axed as a result of the airline’s financial troubles.
- EY, the appointed administrators, aim to restructure the business to…
