Regional Express (Rex) has been ranked as the world’s Top Performing Regional Airline by Aviation Week and Space Technology (AWST) for a third consecutive year, ahead of American carriers Skywest Inc, Pinnacle Airlines and Republic Airways.
Assessing all publicly traded airlines worldwide, AWST based each ranking score on performance categories covering financial fitness and earnings performance from a selection of 18 ratios over a 10 year period. Rex was also one of only two regional airlines noted by AWST that saw an increase in its ranking score from the previous year.
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“This top ranking in three consecutive years clearly demonstrates the financial strength and stability of the Rex group,” Rex Executive chairman Lim Kim Hai said of the result.