Rex’s $80m life raft

11/13/24 • 45 min

It’s been three-and-a-half months since Rex went into administration, and while the planes are still flying, so far the administrators have yet to find a buyer for its regional turboprop operations despite securing a deal to sell off the profitable aeromedical wing Pel-Air.

Enter the federal government, which has extended its support for the airline to the tune of $80 million in financing, which the administrator has indicated it wants to use to keep the lights on until at least mid-2025 while growing the operational fleet.

Adam and Jake discuss whether this latest effort from the government is likely to bear fruit, and what it might mean for Rex’s regional rivals.

Plus, Qantas objects to Virgin’s wet-leasing deal with Qatar – but does the Flying Kangaroo have a leg to hop on?

Adam and Jake discuss whether this latest effort from the government is likely to bear fruit, and what it might mean for Rex’s regional rivals.

Plus, Qantas objects to Virgin’s wet-leasing deal with Qatar – but does the Flying Kangaroo have a leg to hop on?

Previous Episode

Inside the “Chairman’s Lounge”

It’s the book that’s sent shockwaves through the aviation world: The Chairman’s Lounge: The Inside Story of How Qantas Sold Us Out, a deep dive into the Alan Joyce era and how Qantas went from one of the most trusted brands in the country to one of the least. Covering the decisions made during COVID-19 – including the illegal outsourcing of ground handlers and the controversial “flight credits” scheme – as well as the perception of undue influence on politics, failures in customer service, and other topics, author Joe Aston lays out the case against Joyce in a book that has put a national spotlight on aviation. In this Australian Aviation podcast, Jake Nelson speaks to Aston about the revelations in his book, his verdict on Joyce as a whole, and whether he believes new CEO Vanessa Hudson can right the ship.

Next Episode

Splitsville for Virgin and Etihad

It’s official – after more than 10 years codesharing with Virgin Australia, Etihad has called it quits, announcing the tie-up will end next June irrespective (it seems) of whether the exclusivity arrangement between Virgin and Qatar Airways is approved. With codesharing on Singapore Airlines services beyond Asia also looking likely to get the chop – but not Velocity frequent flyer benefits on those same services – what will this mean for passengers? Adam and Jake try to unpick the details and ask whether the exclusive code-sharing arrangement needs to be restricted. Plus, with regional airports owed millions after Rex went into administration, and rivals rebuking the government’s bailout, is it time to let the airline go?