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The Latest Breaking News from Rex

As Goyder says his long goodbye, Qantas’ search for experienced leaders gets underway

A cursory glance at Qantas’ senior leadership team highlights an alarming lack of people with any real experience running an airline.

Crikey

3 Stocks Investors Are Chasing Aggressively

The energy demand has been rising globally, boosting the demand for energy services. Moreover, the energy services industry is expected to benefit from the transition to cleaner energy sources. Amid this backdrop, it could be wise to buy fundamentally strong stocks REX American Resources (REX), Profire Energy (PFIE), and NCS…

StockNews.com

Head of Australia’s competition watchdog calls for new mandate to police airline industry

Exclusive: Gina Cass-Gottlieb says ACCC needs greater powers to help new entrants compete with Qantas and Virgin

The Guardian - AU

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Rex cuts flights, blaming rivals 'pillaging' pilots

Regional carrier Rex Airlines is blaming Qantas and other competitors for "pillaging" pilots as it further reduces flights between country towns and the cities.

AAP

Are These 3 Energy Stocks Offering Attractive Buying Opportunities?

The worldwide demand for oil continues to surge to unprecedented levels. Amid such heightened demand, would it be wise to take a long position on three energy stocks ChampionX Corp (CHX), REX American Resources (REX), and Ranger Energy Services (RNGR)? Let’s find out….

StockNews.com

3 Energy Stocks to Watch in the Coming Week

As global oil demand reaches new heights, fundamentally strong energy stocks Liberty Energy (LBRT), North American Construction Group (NOA), and REX American Resources (REX), might be ideal additions to one’s watchlist in the coming week. Read more.

StockNews.com

Qantas concedes reputation ‘hit hard on several fronts’ will take time to repair

Airline says it can ‘hear and understand’ community’s disappointment after ACCC alleged it sold tickets to cancelled flights

The Guardian - AU

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Power up Profits With 3 Energy Stocks

As OPEC flags a healthy outlook for the second of the year, the prospects of the oil market show promise. Therefore, investing in fundamentally robust energy stocks REX American Resources (REX), NOW Inc. (DNOW), and ChampionX Corp. (CHX) could help boost your portfolio returns. Learn more….

StockNews.com

Australian Senate summons Qantas CEO to appear before cost-of-living inquiry

Qantas boss Alan Joyce called before Australian Senate inquiry to explain high ticket prices and controversial travel credit scheme

The Guardian - AU

One in 10 flights between Sydney and Melbourne are cancelled. Is slot hoarding to blame?

Critics say legislation that governs Sydney airport provides bizarre incentives for airlines to schedule then cancel certain services

The Guardian - AU

3 Energy Investments for Every Day Traders

As the energy industry enjoys robust demand, boosting the energy services industry, fundamentally strong energy services stocks NexTier Oilfield (NEX), REX American Resources (REX), and Newpark Resources (NR) might be solid investments for everyday traders. Keep reading.

StockNews.com

Cyclingnews Awards: Chain Wax

Waxing your chain is a great option, these are our picks of the best

Cycling News

Mission Impossible's nine scariest stunts that 'nearly killed' Tom Cruise

Mission Impossible is known to be full of thrills, adventures, and stunts. The lead, Tom Cruise, decided a long time ago to go ahead and do his own even if it isn't the safest idea

Daily Mirror

Buy These 3 Energy Stocks for an Easy Investment

Robust oil demand should strengthen the energy market landscape. Therefore, fundamentally stable energy stocks REX American Resources (REX), Ranger Energy Services (RNGR), and NCS Multistage Holdings (NCSM) could be wise investments now. Read on….

StockNews.com

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The New Daily

Rex Airlines downgrades guidance, predicts $35m loss

Regional Express says a global shortage of pilots and engineers has recently forced it to cut back on flights and it won't make a profit this year after all.

The Guardian - AU

Rex Airlines warns of $35m loss due to ‘supply chain shocks’

Company says it has been forced to make significant reductions to its flight schedule in recent months

AAP

The boss of bush aviation remembered as a rule-breaker

Hundreds have gathered at Orange airport in central west NSW to remember Max Hazelton, an Australian aviation pioneer who founded his own airline from nothing.

The Guardian - AU

Rex and Bonza call for immediate overhaul of Sydney airport laws to increase competition

Aviation leaders make plea to federal government, saying higher airfares and poorer service will persist without change

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The New Daily

ACCC says it’s crucial that rules change to prevent Qantas, Virgin duopoly

The Albanese government is facing growing calls to crack down on major airlines like Qantas hoarding plane slots at Sydney Airport.

The New Daily

Delays, poor service, high prices: Shocking tale of woe for air travellers

Qantas and Virgin's market dominance has led to higher prices and poorer service, the Australian Competition and Consumer Commission says.

The Guardian - AU

Qantas and Virgin given little incentive to cheapen air fares, watchdog warns

ACCC warns airline industry is at ‘critical juncture’ with a developing duopoly stunting competition

ABC News

Calls to make airport charges fairer after Rex cancels Whyalla to Adelaide flights

There are calls for the federal government to make security funding for country airports more equitable after Rex Airlines cancelled its service in a regional South Australian city.

ABC News

Rex Airlines slams Whyalla City Council, cancels regional centre's flights to Adelaide

The regional carrier says the council is trying to force it into paying a security charge it cannot afford. Whyalla City Council says the federal government must continue to subsidise that cost.

The Guardian - AU

Australian airlines push back on calls to compensate passengers for delays and cancellations

Exclusive: Companies say a compensation scheme like the EU’s would drive up air fares in Australia

ABC News

Regional WA residents back calls for airline crackdown as flight cancellations, delays skyrocket

WA residents back calls for mandatory compensation for delayed and cancelled flights.

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