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Federal Government Signals Support for Troubled Rex Airlines

Rex Airlines halts ticket sales and faces potential administration as government pledges intervention to ensure its future.

  • Rex Airlines has stopped selling tickets for some services amid financial uncertainty and leadership tensions.
  • The federal government has engaged in discussions with Rex's leadership and may intervene to save the airline.
  • Rex's shares have been suspended from trading pending a major announcement expected on Wednesday.
  • Rural communities express concern over potential isolation if Rex collapses, highlighting its importance for regional connectivity.
  • Speculation arises about Rex appointing administrators, with reports suggesting EY could take on the role.
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