iscover
Under the arrangements, Rex’s debt will be restructured, with $90 million owed to the government set to be carried forward in a profit-sharing arrangement, while another $60 million loan will be extended to help with engine care and maintenance in bringing more Saab 340Bs back into service.
In their report released on Monday night, the voluntary administrators from EY Australia recommended the approval of the Air T deal despite the lack of return to ordinary unsecured creditors, saying it would nonetheless achieve a better outcome than Rex Group being wound up.
The flight, operated by Beechcraft 1900D VH-JYA, left Cairns shortly before 9:30am on Monday, and touched down at Hamilton Island just over an hour later. East Air is currently operating Monday and Thursday services, with Sunday flights set to commence in February.
Flight QF175, a new seasonal service to Auckland, took off from Adelaide shortly before 9am on Friday, landing in Auckland just after 3:15pm local time. It is the first time the Flying Kangaroo has flown internationally out of Adelaide since the end of a Singapore service in 2013.
Catriona Larritt, who was promoted from executive manager of Qantas Freight when Vanessa Hudson took over as chief executive in 2023, is set to leave the Flying Kangaroo to “pursue external opportunities” at the end of the year, Hudson revealed in a note to employees.
N845MD, a brand-new aircraft delivered in February this year, operated the inaugural flight AA7 to Brisbane on 25 October, returning to Dallas as AA8 on Tuesday. Flights will initially operate six times per week, increasing to daily from December this year to March 2026.
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
