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The Latest Breaking News from Rex

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….

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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 New Daily

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

The Guardian - AU

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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.

AAP

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

The Guardian - AU

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 New Daily

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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

The Guardian - AU

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.

ABC News

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

The Guardian - AU

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.

ABC News

Rex Airlines cuts multiple regional flight routes across Australia, businesses, community set to suffer: MP

Thousands of people living in remote and regional Australia are feeling even more isolated as Rex Airlines reduces some of its flights from today.

ABC News

Rex Airlines cuts regional flights blaming pilot, engineer and parts shortages

A company spokesperson says the changes are "minor," but remote communities affected by the cuts say they will have a "compounding effect" on education, health and culture.

ABC News

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Guitar World

NAMM 2023: T-Rex unveils stunning $2,100 Binson Echorec reproduction – a pedal version of the iconic delay that’s been seven years in the making

The Denmark-based pedal builder sets heads spinning with its reproduction of the analog delay unit beloved by Pink Floyd and Led Zeppelin

AAP

Regional airline buys stake in electric propulsion firm

Regional flights could be quieter and cheaper in future after a major Australian airline invested in an aviation start-up making planes electric.

ABC News

Rex airline operations in WA 'not up to standard communities expect', senior manager says

The airline says skilled labour shortages, supply chain issues, and the highest pilot attrition rate since the global financial crisis are to blame for recent cancellations and delays in Western Australia.

The New Daily

Rex plane forced to make emergency landing in Melbourne

A plane has made an emergency landing at Melbourne Airport amid reports of smoke coming from the cockpit.

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The New Daily

Rex Airlines adds two new Boeing jets to its domestic fleet

Regional Express (Rex Airlines) on Tuesday announced that it has committed to leasing two new 737-800 NG jets from global aerospace company and manufacturer Boeing.

The New Daily

NASA and Boeing join forces to develop ‘airliner of the future’

NASA will work with Boeing on the project, which seeks to build, test and fly an emission-reducing single-aisle aircraft this decade.

The Guardian - AU

Moving back to my home town in the country was great, until I tried to catch a flight

Tree changers beware: I may never want to live in a city again, but fresh air and open spaces can come with a travel cost

The Guardian - AU

Consumer watchdog puts Australian airlines on notice over high domestic air fares

ACCC says they will closely monitor companies to ensure they do not keep prices high through artificial scarcity

ABC News

Airline flight delays and cancellations persist close to record levels as travel demand surges

An industry-wide crisis of flight delays and cancellations continues to sweep Australian aviation, with concerns about what the peak summer travel season will look like.

The New Daily

Rex settles heated pay negotiations with pilots

Rex pilots have endorsed a new pay deal, ending a long and heated dispute between the national regional airline and the union.

The New Daily

Qantas results show a bounce back, but Rex soars with the best performance

Qantas clawed its way back to perform better on delays after a shocking few months as the worst-performing airline in Australia.

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