More turbulence for Rex Airlines as it enters trading halt following reports of financial strife

by Pelican Press
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More turbulence for Rex Airlines as it enters trading halt following reports of financial strife

Besieged carrier Rex Airlines is facing more turbulence with the temporary suspension of its shares on the Australian Securities Exchange following reports it had called in financial services firm Deloitte.

Rex — or Regional Express Holdings — on Monday requested shares be placed in an immediate trading halt pending a material announcement to the ASX relating a news article published over the weekend.



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