ABC News – Politics
·politics
·1 hour ago
Government bails out Rex's multi-million-dollar debt to regional airports
The Australian government paid Rex Airlines' $4.8 million debt to 34 regional councils, with Dubbo Regional Council in New South Wales receiving the largest reimbursement of $598,672. The bailout follows Rex's collapse into voluntary administration in July 2024 and supports the US aviation group Air T's acquisition of the airline, backed by a $60 million federal support package.
Summary by Glance · ABC News – Politics
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