Rex in voluntary administration, ending all 737 services

[yachty]

Certainly is super quiet in Rex land. The world has since moved on and the 737 operation is largely just a forgotten memory now.

Wonder if they are having issues sorting out what to do with the Saab operation.

Wasn't EY originally spruiking that it would be wrapped up in "weeks"? Certainly has taken a while...

Bankers begin the task of unravelling the Rex empire with asset sales

Almost two months after Regional Express called in administrators, the regional airline’s assets is being broken up and sold off.

www.afr.com

Reports property has already started to be sold off. Lim Kim Hai has already bought some, and is "interested in other assets that the airline owns" too.

Deadline to confirm bids for the Saab op is end of this month with "plenty of interest".

 

[henrus]

Deadline to confirm bids for the Saab op is end of this month with "plenty of interest".

Yeh right... didn't we hear something recently about Bonza and their AOC.

 

[Harrison_133]

Four Corners on Monday will cover Rex.

Both Lim and Sharp are interviewed.

In aviation, there’s a saying: When things go wrong, they go wrong fast.

The same is true for Rex Airlines.

After nearly two decades of steady service, the regional carrier’s board imploded in June.

The next month, Rex entered voluntary administration, its intercity service collapsed, and hundreds of jobs were lost.

Many blame Rex’s bold move to challenge Qantas and Virgin in Australia’s brutal domestic market

This week on Four Corners, journalist Emily Baker exclusively interviews Rex’s former leaders, to uncover what went wrong and why Australia can’t seem to sustain a third airline.

Source: Four Corners: Sept 30 | TV Tonight

 

[Big John]

Four Corners on Monday will cover Rex.

Both Lim and Sharp are interviewed.

Thanks for the heads up. Will watch this with great interest.

 

[33kft]

Anyone taking bets on what Lim does with the rope they hand him....

Also, a shot for every time Sharp blames a competitor. Double if it's Qantas.

 

[Saab34]

I assume Lim will pile on QF. He doesn’t seem the type that would ever admit responsibility for any downfall. His way is the only way it seems.

I would be interested to see who called the shots at Rex. Is John Sharp just a puppet to Lim?

 

[jakeseven7]

Anyone taking bets on what Lim does with the rope they hand him....

Also, a shot for every time Sharp blames a competitor. Double if it's Qantas.

RIP then because you will die from alcohol poisoning within 45 seconds