Aussie airline operator Regional Express, or Rex (ASX: REX) has been re-awarded three regulated routes in Western Australia through a competitive tender process. The three regulated routes include Perth-Albany, Perth-Esperance and Perth-Carnarvon-Monkey Mia. The new contracts kick in on October 2, 2023 and last until July 2, 2028. This award by the WA State Government
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Travel has been a point of contention following Covid. It has adopted the traits of a rollercoaster, moving up and down, taking airline companies, like Regional Express (ASX: REX), along for the ride. After providing a cheery update following its H1 FY23 results, the Company has wheeled back, citing external circumstances. The Company has revised
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If you’re a regular reader, by now you’d be well aware of the rivalry between Regional Express Holdings (ASX: REX) and Qantas (ASX: QAN) because let’s be honest, I report on it nearly weekly. It’s almost worthy of its own column (editor, take note). In this week’s installment, we discuss Rex’s most recent dig at
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After vehemently accusing Qantas (ASX: QAN) of anti competitive behaviour, Regional Express Airlines (ASX: REX) have lodged their own competitive bid. The Company is intent on acquiring National Jet Express, the regional division of Cobham Services Australia. National Jet Express is a key provider of Fly-In, Fly-Out services to Western Australian and South Australian workers.
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With the support of a $150 million investment from private equity firm PAG Asia Capital, Regional Express Holdings (ASX: REX) is hoping to resume domestic flights between its major cities network by March 2021 after operations were decimated by pandemic travel restrictions. Exclusive negotiations are underway, but the proposed funding would be an investment in
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