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Australia’s government willing to save Regional Express Holidays
February 13th 2025
The Australian Government is prepared to acquire Regional Express Holding (Rex) if the failed airline does not find a buyer. Read More » “We are determined to make sure regional communities are not left behind. If there is no sale, we will work on contingency plans with the relevant state governments that will include the potential for acquisition,” Australia's prime minister, Anthony Albanese, said at a February 12 press conference. He added any nationalization would be the first time a government had equity in an airline since Qantas Airways was privatized in 1995.