Episode Details

Back to Episodes
Government Clears Rex Airlines Debt

Government Clears Rex Airlines Debt

Published 1 week, 1 day ago
Description

The Aussie government just dumped $4.8 million to wipe out Rex Airlines’ debt to 34 regional councils, with Dubbo getting nearly $600K — a huge win for ratepayers. This is part of a bigger rescue: $108M in debt restructured and a $60M loan to Air T, the US firm that bought Rex, all to keep regional flights alive. Rex serves 21 remote airports — and losing service would cut off vital links for towns like Ceduna. The government’s move underscores its commitment to keeping air travel alive in Australia’s outback.

Support the show:
Get a discount at https://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/f2f13349f88bedaf

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us