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Rex Announces Board Resignation Amidst Administration

Story Highlights
  • Regional Express Holdings operates in the aviation industry, providing regional airline services.
  • Prof. Ronald Bartsch AM resigned as a non-executive director during Rex’s administration process.
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Rex Announces Board Resignation Amidst Administration

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Regional Express Holdings Limited ( (AU:REX) ) has issued an update.

Regional Express Holdings Limited announced the resignation of Prof. Ronald Bartsch AM from his position as a non-executive director, effective April 6, 2024. This change comes amidst the company’s ongoing voluntary administration process, which could impact its operational restructuring and future strategic direction.

More about Regional Express Holdings Limited

Regional Express Holdings Limited (Rex) operates in the aviation industry, primarily providing regional airline services across Australia. The company focuses on delivering reliable and affordable air travel to regional and remote communities.

YTD Price Performance: 0.65%

Technical Sentiment Signal: Strong Buy

Current Market Cap: €35.68M

Learn more about REX stock on TipRanks’ Stock Analysis page.

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