Australian airline Rex enters voluntary administration

Australian regional airline Rex has grounded all flights between capital cities after entering voluntary administration following an emergency board meeting on Tuesday evening.

Transport Minister Catherine King confirmed on Wednesday the government has provided funding to Rex so that it’s able to temporarily continue its regional operations, but ruled out permanently committing to this arrangement.

About 360 of 2000 employees have been stood down so far, with more than 600 total jobs at risk if the airline is forced to ground its regional operations in addition to its major routes.