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Government Clears Rex Airlines Debt
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.
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