-
Regional Express launches new domestic service | 9 News Australia
As our struggling airline industry gets back into the air, Regional Express has launched a new domestic service to take on Qantas and Virgin. Subscribe: https://bit.ly/2noaGhv Get more breaking news at: https://bit.ly/2nobVgF
Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world.
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#9News #BreakingNews #NineNewsAustralia #9NewsAUS
published: 02 Dec 2020
-
Rex Airlines was an ‘important’ service for rural and regional Australia
One Nation leader Pauline Hanson discusses Rex Airline going into voluntary admission.
“It is very sad to see that because a lot of these people in rural and regional Australia cannot travel, can’t afford to travel,” Ms Hanson told Sky News host Chris Kenny.
“With the man two airlines, Virgin and Qantas, that don’t go to these places well, it was so important to have Rex.”
published: 31 Jul 2024
-
The Stock of the Day is Regional Express Holdings (ASX: REX)
Regional Express Holdings (ASX: REX) has gone into a voluntary trading halt as reports suggest the company has called in Deloitte's restructuring services. With Lim Kim Hai requesting a shareholders meeting to contest the decision to replace him in June, there has been a lot of turmoil, not just for the company but the industry too - Bonzo went into administration in April and Virgin Australia attracted attention from Qatar Airways. Our experts, Mathan Somasundaram from Deep Data Analytics and Kai Chen from MPC Markets, share their views on the company and the broader airline industry. Mathan says he's not a fan of the industry, that there are too many moving parts and even though things have improved since covid, he says the consumer spending cycle will catch up with all airlines eventual...
published: 29 Jul 2024
-
Regional residents concerned as airline Rex enters trading halt | ABC News
Regional residents in WA are concerned about the future of Regional Express Airlines after it suspended trading on the ASX.
Subscribe: http://ab.co/1svxLVE
Read more here: Regional residents in WA are concerned about the future of Regional Express Airlines after it suspended trading on the ASX.
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
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Follow AB...
published: 30 Jul 2024
-
Regional airline Rex announces trading halt | ABC News
The future of Australia's third largest airline is up in the air after it sought an immediate trading halt.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2024-07-30/rex-airlines-asx-trading-halt-pending-announcement/104157952
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
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published: 29 Jul 2024
-
Rex Airline enters voluntary administration | 9 News Australia
Virgin and Qantas have stepped in to help Rex Airline passengers after the airline went into voluntary administration. | Subscribe and 🔔: http://9Soci.al/KM6e50GjSK9 | Get more breaking news at 9News.com.au: http://9Soci.al/iyCO50GjSK6
FOLLOW 9News Australia
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Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world.
#9News #BreakingNews #NineNewsAustralia #9NewsAUS
published: 31 Jul 2024
-
Why the survival of Rex Airlines is critical | The Business | ABC News
The future of Rex hangs in the balance following the collapse of another regional airline Bonza.
It has suspended some ticket sales and halted trading on the stock market for a second day.
Transport Workers Union boss Michael Kaine says he's written to Rex about 2,000 jobs which could be at risk.
It's been a turbulent year for the airline, with its share price falling by 50%.
It exclusively connects some regional routes in Australia but in 2020, it expanded and leased more planes to enter the capital city market, covering congested routes.
#ABCBusiness
Subscribe: http://ab.co/1svxLVE
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, ...
published: 30 Jul 2024
-
Major airlines have an ‘obligation’ to fly rural and regional routes
One Nation leader Pauline Hanson discusses whether the major Australian airlines Qantas and Virgin should fly on rural and regional routes amid Rex Airlines going into voluntary administration.
“I feel for people in these rural and regional areas,” Ms Hanson told Sky News host Chris Kenny.
"Is Qantas, is Virgin going to take up the slack? And I think they should.
“They are an airline operating in Australia and I think they have an obligation to the people of these rural and regional areas that they do provide a service at a cost that people can afford.”
published: 31 Jul 2024
-
Flights cancelled as Rex Airlines collapses | 9 News Australia
Rex flights between Australia's capital cities have been grounded and hundreds of jobs are set to go with the airline in administration. | Subscribe and 🔔: http://9Soci.al/KM6e50GjSK9 | Get more breaking news at 9News.com.au: http://9Soci.al/iyCO50GjSK6
FOLLOW 9News Australia
► Facebook: https://www.facebook.com/9News/
► Twitter: https://twitter.com/9NewsAUS
► Instagram: https://www.instagram.com/9news/
Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world.
#9News #BreakingNews #NineNewsAustralia #9NewsAUS
published: 31 Jul 2024
-
'Losing almost a million dollars a week': Rex Airlines in strife
The Australian Aviation Writer Robyn Ironside says Regional Express Airlines have “failed” post-pandemic.
Regional Express (Rex) Airline is in a trading halt amid boardroom restructuring claims.
“Up until the pandemic, I think they were profitable pretty much every year without fail,” Ms Ironside told Sky News Business Editor Ross Greenwood.
“It was only when the pandemic struck, they made the decision to go into the 737 operations, thinking … Virgin may not survive its own administration.
“Sadly, that experiment seems to have failed.
“Their last financial results indicated that their regular public transport flights were losing almost a million dollars a week.”
published: 29 Jul 2024
1:59
Regional Express launches new domestic service | 9 News Australia
As our struggling airline industry gets back into the air, Regional Express has launched a new domestic service to take on Qantas and Virgin. Subscribe: https:/...
As our struggling airline industry gets back into the air, Regional Express has launched a new domestic service to take on Qantas and Virgin. Subscribe: https://bit.ly/2noaGhv Get more breaking news at: https://bit.ly/2nobVgF
Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world.
Follow 9News on Facebook: https://www.facebook.com/9News/
Follow 9News on Twitter: https://twitter.com/9NewsAUS
Follow 9News on Instagram: https://www.instagram.com/9news/
#9News #BreakingNews #NineNewsAustralia #9NewsAUS
https://wn.com/Regional_Express_Launches_New_Domestic_Service_|_9_News_Australia
As our struggling airline industry gets back into the air, Regional Express has launched a new domestic service to take on Qantas and Virgin. Subscribe: https://bit.ly/2noaGhv Get more breaking news at: https://bit.ly/2nobVgF
Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world.
Follow 9News on Facebook: https://www.facebook.com/9News/
Follow 9News on Twitter: https://twitter.com/9NewsAUS
Follow 9News on Instagram: https://www.instagram.com/9news/
#9News #BreakingNews #NineNewsAustralia #9NewsAUS
- published: 02 Dec 2020
- views: 9065
3:06
Rex Airlines was an ‘important’ service for rural and regional Australia
One Nation leader Pauline Hanson discusses Rex Airline going into voluntary admission.
“It is very sad to see that because a lot of these people in rural and r...
One Nation leader Pauline Hanson discusses Rex Airline going into voluntary admission.
“It is very sad to see that because a lot of these people in rural and regional Australia cannot travel, can’t afford to travel,” Ms Hanson told Sky News host Chris Kenny.
“With the man two airlines, Virgin and Qantas, that don’t go to these places well, it was so important to have Rex.”
https://wn.com/Rex_Airlines_Was_An_‘Important’_Service_For_Rural_And_Regional_Australia
One Nation leader Pauline Hanson discusses Rex Airline going into voluntary admission.
“It is very sad to see that because a lot of these people in rural and regional Australia cannot travel, can’t afford to travel,” Ms Hanson told Sky News host Chris Kenny.
“With the man two airlines, Virgin and Qantas, that don’t go to these places well, it was so important to have Rex.”
- published: 31 Jul 2024
- views: 668
8:09
The Stock of the Day is Regional Express Holdings (ASX: REX)
Regional Express Holdings (ASX: REX) has gone into a voluntary trading halt as reports suggest the company has called in Deloitte's restructuring services. With...
Regional Express Holdings (ASX: REX) has gone into a voluntary trading halt as reports suggest the company has called in Deloitte's restructuring services. With Lim Kim Hai requesting a shareholders meeting to contest the decision to replace him in June, there has been a lot of turmoil, not just for the company but the industry too - Bonzo went into administration in April and Virgin Australia attracted attention from Qatar Airways. Our experts, Mathan Somasundaram from Deep Data Analytics and Kai Chen from MPC Markets, share their views on the company and the broader airline industry. Mathan says he's not a fan of the industry, that there are too many moving parts and even though things have improved since covid, he says the consumer spending cycle will catch up with all airlines eventually. Mathan has other ideas for stocks to watch that are still with a travel/airline thematic. Kai points out there were a few disclosure issues with Rex's management team that has resulted in the current shareholder issues, so while there may be good in the company itself, it's hard to look past this at the moment. So will it be a buy, hold or sell?
Watch the full episode here: https://ausbiz.co/thecall-2907
Stocks covered on today's episode of 'the call':
3D Energi (TDO) - Luke
AIC Mines (A1M) - Blake
APA group (APA)
GrainCorp (GNC) - ali
Select Harvest (SHV) - Sam
Southern Cross Electrical Engineering (SXE) - Andrew
Michael Hill International (MHJ) - Maggie
Kogan (KGN) - Jack
Kelly Partners Group Holdings (KPG) - Issy
Austal (ASB) - Noah
Trade your Stock of the Day with IG: https://ausbiz.co/IG_AU
Subscribe to ausbiz:
the COB newsletter - https://company.ausbiz.com.au/newsletter
ausbiz channel - https://www.ausbiz.com.au/
Twitter: https://twitter.com/ausbiztv
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#asx #sharemarket #stocks #ausbiz #shares #investing #equities #hotstocks #stockpicking
https://wn.com/The_Stock_Of_The_Day_Is_Regional_Express_Holdings_(Asx_Rex)
Regional Express Holdings (ASX: REX) has gone into a voluntary trading halt as reports suggest the company has called in Deloitte's restructuring services. With Lim Kim Hai requesting a shareholders meeting to contest the decision to replace him in June, there has been a lot of turmoil, not just for the company but the industry too - Bonzo went into administration in April and Virgin Australia attracted attention from Qatar Airways. Our experts, Mathan Somasundaram from Deep Data Analytics and Kai Chen from MPC Markets, share their views on the company and the broader airline industry. Mathan says he's not a fan of the industry, that there are too many moving parts and even though things have improved since covid, he says the consumer spending cycle will catch up with all airlines eventually. Mathan has other ideas for stocks to watch that are still with a travel/airline thematic. Kai points out there were a few disclosure issues with Rex's management team that has resulted in the current shareholder issues, so while there may be good in the company itself, it's hard to look past this at the moment. So will it be a buy, hold or sell?
Watch the full episode here: https://ausbiz.co/thecall-2907
Stocks covered on today's episode of 'the call':
3D Energi (TDO) - Luke
AIC Mines (A1M) - Blake
APA group (APA)
GrainCorp (GNC) - ali
Select Harvest (SHV) - Sam
Southern Cross Electrical Engineering (SXE) - Andrew
Michael Hill International (MHJ) - Maggie
Kogan (KGN) - Jack
Kelly Partners Group Holdings (KPG) - Issy
Austal (ASB) - Noah
Trade your Stock of the Day with IG: https://ausbiz.co/IG_AU
Subscribe to ausbiz:
the COB newsletter - https://company.ausbiz.com.au/newsletter
ausbiz channel - https://www.ausbiz.com.au/
Twitter: https://twitter.com/ausbiztv
Facebook: https://www.facebook.com/ausbiztv
#asx #sharemarket #stocks #ausbiz #shares #investing #equities #hotstocks #stockpicking
- published: 29 Jul 2024
- views: 667
2:04
Regional residents concerned as airline Rex enters trading halt | ABC News
Regional residents in WA are concerned about the future of Regional Express Airlines after it suspended trading on the ASX.
Subscribe: http://ab.co/1svxLVE
Rea...
Regional residents in WA are concerned about the future of Regional Express Airlines after it suspended trading on the ASX.
Subscribe: http://ab.co/1svxLVE
Read more here: Regional residents in WA are concerned about the future of Regional Express Airlines after it suspended trading on the ASX.
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
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Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia #wanews #airlines #aviation
https://wn.com/Regional_Residents_Concerned_As_Airline_Rex_Enters_Trading_Halt_|_Abc_News
Regional residents in WA are concerned about the future of Regional Express Airlines after it suspended trading on the ASX.
Subscribe: http://ab.co/1svxLVE
Read more here: Regional residents in WA are concerned about the future of Regional Express Airlines after it suspended trading on the ASX.
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
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Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia #wanews #airlines #aviation
- published: 30 Jul 2024
- views: 2468
5:30
Regional airline Rex announces trading halt | ABC News
The future of Australia's third largest airline is up in the air after it sought an immediate trading halt.
Subscribe: http://ab.co/1svxLVE
Read more here: htt...
The future of Australia's third largest airline is up in the air after it sought an immediate trading halt.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2024-07-30/rex-airlines-asx-trading-halt-pending-announcement/104157952
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
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Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
https://wn.com/Regional_Airline_Rex_Announces_Trading_Halt_|_Abc_News
The future of Australia's third largest airline is up in the air after it sought an immediate trading halt.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2024-07-30/rex-airlines-asx-trading-halt-pending-announcement/104157952
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
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Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
- published: 29 Jul 2024
- views: 8801
2:21
Rex Airline enters voluntary administration | 9 News Australia
Virgin and Qantas have stepped in to help Rex Airline passengers after the airline went into voluntary administration. | Subscribe and 🔔: http://9Soci.al/KM6e50...
Virgin and Qantas have stepped in to help Rex Airline passengers after the airline went into voluntary administration. | Subscribe and 🔔: http://9Soci.al/KM6e50GjSK9 | Get more breaking news at 9News.com.au: http://9Soci.al/iyCO50GjSK6
FOLLOW 9News Australia
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Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world.
#9News #BreakingNews #NineNewsAustralia #9NewsAUS
https://wn.com/Rex_Airline_Enters_Voluntary_Administration_|_9_News_Australia
Virgin and Qantas have stepped in to help Rex Airline passengers after the airline went into voluntary administration. | Subscribe and 🔔: http://9Soci.al/KM6e50GjSK9 | Get more breaking news at 9News.com.au: http://9Soci.al/iyCO50GjSK6
FOLLOW 9News Australia
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Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world.
#9News #BreakingNews #NineNewsAustralia #9NewsAUS
- published: 31 Jul 2024
- views: 13038
3:48
Why the survival of Rex Airlines is critical | The Business | ABC News
The future of Rex hangs in the balance following the collapse of another regional airline Bonza.
It has suspended some ticket sales and halted trading on the ...
The future of Rex hangs in the balance following the collapse of another regional airline Bonza.
It has suspended some ticket sales and halted trading on the stock market for a second day.
Transport Workers Union boss Michael Kaine says he's written to Rex about 2,000 jobs which could be at risk.
It's been a turbulent year for the airline, with its share price falling by 50%.
It exclusively connects some regional routes in Australia but in 2020, it expanded and leased more planes to enter the capital city market, covering congested routes.
#ABCBusiness
Subscribe: http://ab.co/1svxLVE
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on X (Twitter): http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
https://wn.com/Why_The_Survival_Of_Rex_Airlines_Is_Critical_|_The_Business_|_Abc_News
The future of Rex hangs in the balance following the collapse of another regional airline Bonza.
It has suspended some ticket sales and halted trading on the stock market for a second day.
Transport Workers Union boss Michael Kaine says he's written to Rex about 2,000 jobs which could be at risk.
It's been a turbulent year for the airline, with its share price falling by 50%.
It exclusively connects some regional routes in Australia but in 2020, it expanded and leased more planes to enter the capital city market, covering congested routes.
#ABCBusiness
Subscribe: http://ab.co/1svxLVE
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on X (Twitter): http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
- published: 30 Jul 2024
- views: 9792
3:06
Major airlines have an ‘obligation’ to fly rural and regional routes
One Nation leader Pauline Hanson discusses whether the major Australian airlines Qantas and Virgin should fly on rural and regional routes amid Rex Airlines goi...
One Nation leader Pauline Hanson discusses whether the major Australian airlines Qantas and Virgin should fly on rural and regional routes amid Rex Airlines going into voluntary administration.
“I feel for people in these rural and regional areas,” Ms Hanson told Sky News host Chris Kenny.
"Is Qantas, is Virgin going to take up the slack? And I think they should.
“They are an airline operating in Australia and I think they have an obligation to the people of these rural and regional areas that they do provide a service at a cost that people can afford.”
https://wn.com/Major_Airlines_Have_An_‘Obligation’_To_Fly_Rural_And_Regional_Routes
One Nation leader Pauline Hanson discusses whether the major Australian airlines Qantas and Virgin should fly on rural and regional routes amid Rex Airlines going into voluntary administration.
“I feel for people in these rural and regional areas,” Ms Hanson told Sky News host Chris Kenny.
"Is Qantas, is Virgin going to take up the slack? And I think they should.
“They are an airline operating in Australia and I think they have an obligation to the people of these rural and regional areas that they do provide a service at a cost that people can afford.”
- published: 31 Jul 2024
- views: 861
2:22
Flights cancelled as Rex Airlines collapses | 9 News Australia
Rex flights between Australia's capital cities have been grounded and hundreds of jobs are set to go with the airline in administration. | Subscribe and 🔔: http...
Rex flights between Australia's capital cities have been grounded and hundreds of jobs are set to go with the airline in administration. | Subscribe and 🔔: http://9Soci.al/KM6e50GjSK9 | Get more breaking news at 9News.com.au: http://9Soci.al/iyCO50GjSK6
FOLLOW 9News Australia
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Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world.
#9News #BreakingNews #NineNewsAustralia #9NewsAUS
https://wn.com/Flights_Cancelled_As_Rex_Airlines_Collapses_|_9_News_Australia
Rex flights between Australia's capital cities have been grounded and hundreds of jobs are set to go with the airline in administration. | Subscribe and 🔔: http://9Soci.al/KM6e50GjSK9 | Get more breaking news at 9News.com.au: http://9Soci.al/iyCO50GjSK6
FOLLOW 9News Australia
► Facebook: https://www.facebook.com/9News/
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Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world.
#9News #BreakingNews #NineNewsAustralia #9NewsAUS
- published: 31 Jul 2024
- views: 27224
1:10
'Losing almost a million dollars a week': Rex Airlines in strife
The Australian Aviation Writer Robyn Ironside says Regional Express Airlines have “failed” post-pandemic.
Regional Express (Rex) Airline is in a trading halt ...
The Australian Aviation Writer Robyn Ironside says Regional Express Airlines have “failed” post-pandemic.
Regional Express (Rex) Airline is in a trading halt amid boardroom restructuring claims.
“Up until the pandemic, I think they were profitable pretty much every year without fail,” Ms Ironside told Sky News Business Editor Ross Greenwood.
“It was only when the pandemic struck, they made the decision to go into the 737 operations, thinking … Virgin may not survive its own administration.
“Sadly, that experiment seems to have failed.
“Their last financial results indicated that their regular public transport flights were losing almost a million dollars a week.”
https://wn.com/'Losing_Almost_A_Million_Dollars_A_Week'_Rex_Airlines_In_Strife
The Australian Aviation Writer Robyn Ironside says Regional Express Airlines have “failed” post-pandemic.
Regional Express (Rex) Airline is in a trading halt amid boardroom restructuring claims.
“Up until the pandemic, I think they were profitable pretty much every year without fail,” Ms Ironside told Sky News Business Editor Ross Greenwood.
“It was only when the pandemic struck, they made the decision to go into the 737 operations, thinking … Virgin may not survive its own administration.
“Sadly, that experiment seems to have failed.
“Their last financial results indicated that their regular public transport flights were losing almost a million dollars a week.”
- published: 29 Jul 2024
- views: 1897