The federal government is preparing to step in and nationalise regional airline Rex if a private buyer cannot be found. While the government prefers a private sale, it has already taken on $50 million of Rex’s debt and is preparing contingency plans for a full takeover. This video includes ACM-produced voiceover powered by AI.
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00:00We have to service regional Australia.
00:02Qantas is way too expensive. I don't ever fly on Qantas.
00:06Rex Airlines could become Australia's first national carrier in 30 years
00:10if the Federal Government steps in to save it.
00:13The regional airline has struggled to find a buyer since falling into voluntary administration in 2024
00:19with Prime Minister Anthony Albanese saying regional communities cannot be left without vital air services.
00:31While the Government prefers a private sale, it has already taken on $50 million of Rex's debt
00:38and is preparing contingency plans for a full takeover.
00:41Aviation experts say a fleet renewal is critical as Rex operates some of the oldest aircraft in the industry.
00:48However, questions remain over the cost to taxpayers, potential fare changes and the airline's long-term future.
00:56The Government has also committed $12 million to upgrading regional airports to support ongoing flight access.