Transport, Business, Airline industry, Business, Australia news Business | The Guardian
The carrier’s shares are suspended and Bloomberg reports Ernst & Young are set to be appointed as administratorsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastsThere is uncertainty about the future of Rex – Australia’s third-largest airline – with speculation regarding its financial situation and tension among the leadership team.The Albanese government held crisis talks with Rex on Tuesday and appeared willing to step in to save parts of the airline’s operations. Bloomberg reported that the carrier was about to appoint EY – formerly known as Ernst & Young – as administrators, citing people familiar with the matter.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…
The carrier’s shares are suspended and Bloomberg reports Ernst & Young are set to be appointed as administrators
Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcasts
There is uncertainty about the future of Rex – Australia’s third-largest airline – with speculation regarding its financial situation and tension among the leadership team.
The Albanese government held crisis talks with Rex on Tuesday and appeared willing to step in to save parts of the airline’s operations. Bloomberg reported that the carrier was about to appoint EY – formerly known as Ernst & Young – as administrators, citing people familiar with the matter.
