A plane with 61 people aboard headed for Sao Paulo’s international airport has crashed in the city of Vinhedo.
A loophole has left people living about a kilometre from the new curfew-free airport’s runway ineligible for noise insulation for their homes.
The financial successes that spawned Alan Joyce’s cult-like following among investors ultimately led to the former CEO having largely unfettered decision-making power.
A graveyard has filled with airline groups that have tried and failed to challenge the duopoly in the skies,from Compass to Tiger Airways and Bonza. Rex is just the latest.
EY partner Sam Freeman says he’s received a lot of early interest in Rex and is preparing to kick off the sales process as soon as next week.
Prime Minister Anthony Albanese said the regional routes that Rex provides must continue,but its decision to move into capital city services had been misguided.
Sydney cardiologist Rachael Cordina regularly does an early morning dash to regional NSW,usually on a Rex flight. Now country towns are worried after the airline went into administration.
Rex must become a public company. Not doing this and selling the remnants will mean even bigger monopolies.
The collapse of Rex Airlines will raise questions about monopolies in the aviation business,but regional Australia needs the carrier to keep flying.
The chat in aviation circles is that the government is expected to take part-ownership of Rex conditional on the airline shrinking back to its regional roots.
The airline has cancelled all flights between major airports after halting its domestic 737 services,prompting Virgin and Qantas to offer free rebooking for Rex customers.