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The federal government has thrown embattled regional airline Rex another lifeline as it buys up $50 million of the carrier's debt. Sign up for our newsletter to stay up to date.
The federal government has thrown embattled regional airline Rex another lifeline as it buys up $50 million of the carrier's debt.
The money will allow more time to ... it extended the Rex sale process after an initial attempt “did not find a suitable buyer for the airlines’ regional operations”. Before its collapse ...
ATIA CEO Dean Long has welcomed the Federal Government’s decision to become REX’s largest creditor ... it’d be a very long time before we would have another company that might be in a ...
Meanwhile, the federal government announced it will acquire $50 million of debt from Rex, making it the embattled regional airline’s biggest creditor. The money will allow more time to overhaul ...
you tend to see around election time." Mr Harcourt said the federal government was giving Rex an opportunity to "go back to focusing on rural and regional Australia". "They either let them go ...
Embattled regional airline Rex will go up for sale again, as a debt lifeline paves the way for a second crack at finding a new owner.
Former Rex executive chairman Lim Kim Hai. Picture: Justin Brierty At the same time, the Australian Securities & Investments Commission is pursuing four former directors of Rex in the New South ...
This looks similar to a playbook issuers use in the commodity ETF world,” Seyffart said. Before this sweeping set of regulatory changes, Rex Shares had little connection with the crypto ETF world. It ...
Exchange-traded fund issuer Rex Shares and crypto asset manager Osprey ... the memecoin launched by the President himself on Friday, a few days before his inauguration. The coin amassed nearly ...