Transport Workers Union endorses Federal Govt commitment to potentially acquire Rex Airlines
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Background ✨
Australia's government planned to support Rex Airlines during its voluntary administration by acquiring AUD50 million of debt and providing up to AUD80 million to support operations until 30-Jun-20251 2. Prime Minister Anthony Albanese emphasised the government's intention to work with administrators for a successful sale to maintain regional services but noted the possibility of Commonwealth acquisition if a sale failed3. The Australian Airports Association stressed the importance of a market-led sale and expressed concern about government ownership4.