Holders or those interested in REX might be interested in an article just out in the AFR (for members or take a free trial- or read it in tomorrow's hard copy AFR):
"Regional Express ready to fill any Brindabella void" _____
REX recently said regional airlines were on the brink, and it has come to pass for Brindabella Airlines- "... on Sunday the air service was placed in receivership after it was unable to pay its bills once eight of its 10 aircraft were grounded by the Civil Aviation Safety Authority (CASA). _____
Read the article, folks- there could be opportunities here for REX.
REX Price at posting:
86.0¢ Sentiment: None Disclosure: Not Held