Australia Regional airline REX suspends routes as coronavirus impacts bottom line

23:52  19 march  2020
23:52  19 march  2020 Source:   skynews.com.au

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Regional airline Rex faces uncertain future after halting trading. Regional airline Rex has halted trading and Rex has halted trading as it struggles with the impact of coronavirus .Source:istock. Australia’s biggest regional airline Rex has entered a trading halt and called on federal government

Regional airline REX will suspend three routes as part of a 45 per cent reduction in capacity.

The company was tipped to reduce services by 25 per cent after entering a trading halt earlier this week but had to take more drastic action as the coronavirus outbreak impacted their bottom line.

The airline will no longer fly to Port Augusta or Armidale and plans to suspend services to Ballina and Kangaroo Island later in the year.

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The Queensland government has releases a $4 billion stimulus package to cover the state's health needs and relieve financial pressure on households and businesses amid the coronavirus pandemic. Deputy Premier Jackie Trad said the package includes a $1.2 billion to double Queensland's intensive care capacity and triple its emergency department capacity. That money will also be used to expand fever clinics on demand and rapidly deploy hundreds of hospital beds if and when they are needed. https://twitter.com/ShannonMM9/status/1242270746279202816Community testing and contact tracing will be extended.

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