Australian Aviation

The FIFO and charter operator, which had 76 aircraft in revenue service as of 31 December, posted a statutory pre-tax profit of $41.3 million, up $3.6 million or 9.5 per cent, with 58,362 total flight hours, up from 50,793. 97 per cent of these hours were flown under long-term contracts.

The exercises, Red Flag Nellis 25-1 and Bamboo Eagle 25-1, focused on sharpening operational capabilities and enhancing interoperability among allied nations.

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Speaking to Patricia Karvelas on ABC News, Minister King said she had to “treat every bidder equally, which is why they need to work through the administration”. It comes after the government indicated it could nationalise Rex if a commercial buyer is not found.

The carrier says it has received CASA approval for its pet procedures, but regulators are moving slower than expected on the policy first announced almost a year ago.