Regional Express Holdings Limited (AU:REX) has released an update.
Regional Express Holdings Limited and its subsidiaries have entered voluntary administration, with Ernst & Young appointees overseeing the process. While Regional Saab 340 flights remain operational and prepaid tickets are still valid, the company’s domestic Boeing 737 services are halted, with Virgin Australia stepping in to rebook affected passengers at no extra cost and explore further support for regional customers.
For further insights into AU:REX stock, check out TipRanks’ Stock Analysis page.
