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The second meeting of creditors on Tuesday greenlit the Deed of Company Arrangement proposed by Air T, encompassing Rex’s regional Saab 340 operations as well as a number of the group’s subsidiaries.
The FIFO, wet lease and charter operator in earnings guidance this month said it expected its EBITDA for the year ending 30 June 2026 to be “materially lower than analyst consensus estimates”, at around $190–$210 million.
China’s second-largest carrier will fly three times per week return from Shanghai to Adelaide starting in mid-2026 using wide-body aircraft. It is the first non-stop connection between the world’s third-largest city and South Australia.
The low-cost carrier will launch new flights from Avalon to Bali next March, along with restoring its former Avalon–Adelaide service and rolling out more capacity to Brisbane. It is the first time international flights will have operated from Avalon since early 2020.
VH-YVD had just landed in Brisbane at around 7pm on flight VA454 from Darwin when its brakes caught alight, with firefighters quickly moving to extinguish the blaze.
The Economy Plus offering, similar to Virgin Australia’s Economy X, will offer passengers up to 40 per cent extra legroom, priority boarding, and priority access to overhead bins. The new seats are expected to roll out from February on Qantas’ 737-800, A321XLR, and A220 aircraft.
PROFILES
Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
