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The Guardian - AU
The Guardian - AU
Business
Elias Visontay and Daisy Dumas

Rex has entered voluntary administration. What happens next to the embattled regional airline?

Rex plane
Rex reported a loss of $3.2m for the first half of the 2023-24 financial year. The ASX suspended trading in the airline’s shares on Monday. Photograph: William West/AFP/Getty Images

There is uncertainty about the future of Rex – Australia’s third-largest airline – after it entered voluntary administration and grounded all of its flights between capital cities.

The Albanese government held crisis talks with Rex on Tuesday and appeared willing to step in to save parts of the airline’s operations.

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