There is uncertainty about the future of Rex – Australia’s third-largest airline – after it entered voluntary administration and grounded all of its flights between capital cities.
The Albanese government held crisis talks with Rex on Tuesday and appeared willing to step in to save parts of the airline’s operations.
While Rex jet services between capital cities such as Sydney, Melbourne and Brisbane are grounded and ticket sales halted, its regional services are unaffected, administrators from EY – previously known as Ernst & Young – said in a statement on Tuesday night.
The airline entered a trading halt on Monday. The news follows the recent collapse of budget carrier Bonza in a market dominated by the Qantas and Virgin…