The ASX introduced Rex had requested buying and selling be halted till the market opened on Wednesday, July 31.
It is understood the airline plans to make an announcement referring to a information article printed on the weekend.
Nonetheless, it is left buyers on tenterhooks, whereas Prime Minister Anthony Albanese instructed the ABC he and Transport Minister Catherine King had sought extra info from the airline.
He stated Rex remained an “vital airline”, particularly after the collapse of finances service Bonza.
“Rex is especially vital for regional communities and there are a selection of communities the place Rex is the one airline serving a few of these locations,” he stated.
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Rex introduced an growth into main vacation spot routes in 2020, with 737 flights to capital cities together with Sydney, Melbourne, Adelaide, and Brisbane.
The Transport Staff Union estimated 2000 jobs had been “thrown into limbo” by the buying and selling halt.
