Federal Minister for Transport Catherine King announces $80m financing facility to extend Regional Flight Booking Guarantee.
King said the guarantee had been effective so far and flight bookings for Rex have been “holding up well.”
Ernst & Young Australia has also revealed that Rex has applied to the court for an extension of the voluntary administration period through to 30 June 2025.
“This Federal Government financing facility will enable us to continue to support regional communities through an extension of the voluntary administration,” EY rep Samuel Freeman said.
More details in today’s issue of Travel Daily.