admin September 23, 2020

Rex is negotiating for a $150 million investment to launch
Regional Express (Rex) is in negotiations with investment firm PAG Asia Capital to secure $150 million. The funding will be used to help launch Rex’s domestic flights between major Australian


Australian regional airline Rex nears deal to fund big …
Australian airline Regional Express Holdings Ltd (Rex) <REX.AX> said on Tuesday it was in advanced talks with Asian investment firm PAG Asia Capital for up to A$150 million ($108.4 million) of …


Australian regional airline Rex nears deal to fund big …
SYDNEY — Australian airline Regional Express Holdings Ltd (Rex) said on Tuesday it was in advanced talks with Asian investment firm PAG Asia Capital for up to A$150 million ($108.4 million) of funding to launch jet services between major cities. The flights would compete against those offered by the country’s dominant airlines, Qantas …


Regional Express (ASX:REX) negotiates $150M investment to
Regional Express Holdings (REX) is currently negotiating a $150 million investment from PAG Asia Capital to fund its expansion into city-to-city services. The regional airline will use the funding to commence flights between major Australian cities, placing it in direct competition with some of air travel’s biggest names, including Qantas and …


Australian regional carrier Rex raising capital to expand …
Australian airline Regional Express Holdings (Rex) said Tuesday (22 September) that it was in advanced talks with Asian investment firm PAG Asia Capital for up to A$150 million (US$108.4 million) of funding to launch jet services between major cities. The flights would compete against those offered by the country’s dominant airlines, Qantas …


REX’s capital city flights are on track; in talks to raise …
Regional Express’ (ASX:REX) capital city flights are a step closer with a $150 million deal for the launch currently being negotiated. The regional airline seeks to rival Virgin Australia (ASX:VAH) and Qantas (ASX:QAN) in launching jet operations between Australian capital cities. This morning the airline told the ASX it was in advanced …


Australian regional airline Rex nears deal to fund big …
SYDNEY, Sept 22 (Reuters) – Australian airline Regional Specific Holdings Ltd (Rex) REX.AX stated on Tuesday it was in superior Australian regional airline Rex nears deal to fund big-city flights – … Australian regional airline Rex nears deal to fund big-city flights – …


REX: Announces funding for its ‘domestic major city jet …
For the potential price of half its issued capital, Regional Express Airlines (REX) has now entered negotiation with PAG Asia Capital (PAG), for AU$150 million worth of funding to support the launc…


Regional Express enters deal with PAG Asia Capital
The struggling airline is closing in on a $150 million investment deal with Hong-Kong based company PAG Asia Capital, which would fund Rex’s expansion into cities such as Brisbane and Melbourne.


Rex may give half its capital to Asian group … | GLONAABOT
Rex and Asian private equity group PAG Asia Capital are negotiating an investment of up to $150 million via convertible, as reported by Street Tal…