Australian government bails out Rex's debts owed to regional airports
Australia's federal government has provided $4.8 million to bail out council-owned airports over debts owed to them by airline Rex. Of that, $2 million was for New South Wales alone.
Australia's federal government has provided $4.8 million to bail out council-owned airports over debts owed to them by the airline Rex (Regional Express). According to the ABC, $2 million of that was for airports in New South Wales alone.
Rex has played an important role in Australia's regional air travel, and its financial troubles have also affected the small airports it serves. Council-owned airports had come under pressure from lost revenue. The government's support is intended to help these airports keep operating.
Officials frame the decision in terms of protecting regional connections. The future of regional air travel, Rex's financial position and the long-term funding of the airports will be watched closely in the period ahead.
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