Australian Aviation

The airline blamed “rising supplier costs, high airport fees and intensified competition in the region” for the shock move but insisted the aircraft would help support its domestic fleet renewal program.

The aircraft conducted the mission, Operation Gateway, in the North Indian Ocean and South China Sea, taking off from Royal Malaysian Air Force Base Butterworth.

The low-cost carrier, which in 2014 axed a Darwin–Manila service launched several years prior, is looking to fly from Perth to Manila and Brisbane to Cebu using its A321neo LR fleet, having received approval from Australia’s International Air Services Commission in April.

The Australian Financial Review has reported that Anchorage Capital Advisors, which has in the past recapitalised businesses such as Slater & Gordon and Alinta Energy, was among the firms that bid on Rex before binding offers closed last week.

The Royal Children’s Hospital’s Professor Andrew Kornberg is taking off on an odyssey around Australia to save children’s lives.

As passenger numbers at Australia’s airports are tipped to surge over the next few years, the four major gateways – Sydney, Melbourne, Brisbane and Perth – are investing heavily in new and upgraded infrastructure.