The new owner of Rex - Regional Express, a regional airline based in Wagga Wagga, Australia, and operating a fleet of 60 aircraft with 52 destinations, has announced a strategic focus on reactivating its Saab 340B fleet and expanding regional routes. The US-based holding company Air T has committed to invest AUD50 million (USD32.6 million), supported by an additional AUD60 million from the Australian federal government, to bolster Rex's operations. This move follows the airline's previous venture into B737-800 operations, aimed at competing with Qantas and Virgin Australia on domestic routes, which proved unsuccessful.
According to the investor, the focus will be on maintaining Rex's core operations, with a pledge to "stay in its lane" and prioritize regional aviation. The investment aims to restore flights and routes that are vital for regional connectivity, emphasizing the importance of supporting local communities.
The airline's plans are part of a broader effort to stabilize and grow regional air services in Australia, leveraging the proven performance of the Saab 340B fleet. Industry experts see this as a positive step toward ensuring sustainable regional air transport and strengthening Rex's market position in the face of recent challenges.
For further details, the full story is available at Australian Aviation, and the company continues to explore strategic partnerships and government support to realize its long-term vision for regional aviation in Australia.
