The funding from the federal government came on the same day as competition regulators said airfares had spiked since the collapse of Regional Express, better known as Rex, in July. Regional ...

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Rural Australians are relieved their vital medical, tourism and business sectors are secure after the federal government chipped in up to $80 million to keep Rex airlines' regional routes in the air.

The federal government has stumped up an $80 million lifeline for troubled regional airline Rex, as the competition watchdog warns of soaring airfares in the fallout of its administration.

Markets Large Pension Doubled Palantir Stake, Bought Up Intel and CVS Stock ...

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