Original article by Kate Ainsworth
abc.net.au – Page: Online : 20-Aug-24
Some 594 employees of Rex Airlines have been retrenched since EY was appointed as the failed carrier’s administrator in late July. EY has advised 261 of Rex’s remaining employees via email that 73 of them will be sacked because they are surplus to the requirements of an airline that is now solely focused on servicing regional areas; all of the staff to be retrenched had been a part of Rex’s ill-fated expansion into capital city markets. Rex will have about 1,200 employees following the latest job cuts, which is similar to its staff levels prior to its expansion and the COVID-19 pandemic.
CORPORATES
REX AIRLINES PTY LTD, REGIONAL EXPRESS HOLDINGS LIMITED – ASX REX, ERNST AND YOUNG