Regional Express (Rex) announced (30-Aug-2023) group revenue is expected to increase due to the following:
- Passenger demand benefitting from a reset of corporate travel budgets and partnerships with travel agency groups and corporate accounts;
- Frequent flyer programme to be launched in Q1FY2024;
- Additional operations with two to four Boeing 737-800s to be introduced;
- Influx of foreign cadets at pilot academies with the ramping up worldwide of pilot training;
- Commencement of a new Ambulance Victoria contract and the induction of two Pilatus PC24 aircraft into the NSW Ambulance contract;
- New fly-in-fly-out and charter contracts. [more - original PR]