Rex's $80m life raft

Rex's $80m life raft

Author: Momentum Media November 13, 2024 Duration: 45:04

It's been three-and-a-half months since Rex went into administration, and while the planes are still flying, so far the administrators have yet to find a buyer for its regional turboprop operations despite securing a deal to sell off the profitable aeromedical wing Pel-Air.

Enter the federal government, which has extended its support for the airline to the tune of $80 million in financing, which the administrator has indicated it wants to use to keep the lights on until at least mid-2025 while growing the operational fleet.

Adam and Jake discuss whether this latest effort from the government is likely to bear fruit, and what it might mean for Rex's regional rivals.

Plus, Qantas objects to Virgin's wet-leasing deal with Qatar – but does the Flying Kangaroo have a leg to hop on? 


You'll find the Australian Aviation Podcast Network right at the intersection of runway tarmac and boardroom strategy. Produced by Momentum Media, this collection of shows digs into the stories that define flight in this part of the world, moving well beyond the headlines. Each episode feels like a hangar chat with the people who know the industry best-pilots, engineers, executives, and analysts-offering a grounded perspective on everything from the engineering marvels of new aircraft to the complex logistics of running an airline. We explore the sheer joy and freedom of recreational flying just as deeply as the tough commercial decisions that keep the sector aloft. Whether it's a discussion on sustainable fuel technologies, the revival of regional routes, or the history behind a beloved aircraft type, the conversation is always driven by genuine curiosity. Tune in for clear, informed talk that connects the dots between the business of aviation and the passion that fuels it, all delivered with a distinct Aussie lens. This podcast network is for anyone who feels that lift of anticipation when an aircraft throttles down the runway, or who simply wants to understand the forces that shape how we connect across this vast continent and beyond.
Author: Language: English Episodes: 385

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