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AAP

Jack Gramenz

Airline's future up in the air as shares frozen

Rex Rex Airlines Anthony Albanese Deloitte

Rex Airlines shares have been placed in a trading halt at the request of the company. (Mick Tsikas/AAP PHOTOS)

Concerns are mounting for the future of regional airline Rex after the company placed its shares in a trading halt amid boardroom turbulence and multimillion dollar losses.

The airline's shares were placed in a trading halt on the Australian sharemarket at the request of the company on Monday, pending an announcement.

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