Regional Express to take on Qantas and Virgin with capital city flights
Regional Express Airlines says it plans to start flying jet aircraft between mainland capital cities in a direct challenge to Qantas, Jetstar and Virgin Australia. The regional carrier said Tuesday it intends to raise about $200m to lease around 10 narrow-body jets, adding to its fleet of mostly Saab 340 turboprop aircraft, and will hire pilots, cabin crew and ground staff to operate them. “Presently Rex flies to the regional centres to all the [mainland] capital cities in Australia," Rex deputy chairman John Sharp said Tuesday. "The proposition is to fly between them and provide a domestic air service in place of the ones once provided by Virgin." The stock exchange put the company into a trading pause on Tuesday morning before the market opened.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-05-12/unaligned/regional-express-to-take-on-qantas-and-virgin-with-capital-city-flights
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Regional Express to take on Qantas and Virgin with capital city flights
Regional Express Airlines says it plans to start flying jet aircraft between mainland capital cities in a direct challenge to Qantas, Jetstar and Virgin Australia. The regional carrier said Tuesday it intends to raise about $200m to lease around 10 narrow-body jets, adding to its fleet of mostly Saab 340 turboprop aircraft, and will hire pilots, cabin crew and ground staff to operate them. “Presently Rex flies to the regional centres to all the [mainland] capital cities in Australia," Rex deputy chairman John Sharp said Tuesday. "The proposition is to fly between them and provide a domestic air service in place of the ones once provided by Virgin." The stock exchange put the company into a trading pause on Tuesday morning before the market opened.<br/>
