Rex sells over $11 million of non-core assets
March 19, 2025
The administrators of Regional Express have secured over $11 million in funds from the sale of property, a Boeing 737 simulator and a Textron King Air turboprop that will be used to retire debt as the efforts to sell the core regional airline continue. Rex disclosed on 18 March that it had sold the simulator together with the property which housed it at Robey Street, Mascot in New South Wales for a base consideration of A$6.1 million ($3.88 million), while it also closed the sale of the King Air for $7.3 million. The carrier has been exploring and undertaking the sale of certain non-core assets with proceeds from the sale of these assets will be used by the group to repay debt, the company's administrators add. The update comes almost a month after the administrators disclosed that a new process to sell Rex's regional airline operations has started with the assistance of investment bank Houlihan Lokey. Rex was placed into administration in July last year and closed its 737 operation but has continued to operate 31 Saab 340 turboprops on 68 regional routes across Australia.
Trump nominates former Republic Airways chief to lead FAA
March 18, 2025
US president Donald Trump has nominated Bryan Bedford to serve as administrator of the US Federal Aviation Administration. "As the former president and chief executive of Republic Airways, Mesaba Airlines, and Business Express Airlines, Brian brings over three decades of experience in Aviation and Executive Leadership to this critical position," Trump writes in a post on social media platform Truth Social. "Bryan will work with our GREAT Secretary of Transportation, Sean Duffy, to strongly reform the Agency, safeguard our exports, and ensure the safety of nearly one billion annual passenger movements. Congratulations Bryan!" Bedford has served as the president and chief executive of Republic since July 1999, and prior to that held the same roles at Mesaba Holdings and Business Express.
Hawaiian flight attendants reach tentative agreement
March 18, 2025
Hawaiian Airlines flight attendants, represented by the Association of Flight Attendants-CWA, on 14 March reached a tentative agreement on a contract extension through February 2028. This extension includes "continued pay increases, retirement improvements, better profit sharing, and a strong foundation to build upon as negotiations for a Joint Collective Bargaining Agreement (JCBA) begin this month", AFA-CWA said in a 14 March press release. "This provides a second bite at the apple for all Hawaiian and Alaska flight attendants claiming their share of the benefits of the merged airline." The contract extension includes three pay raises, inclusion in the Alaska Air Group profit sharing program, and scheduling improvements, AFA-CWA adds. The extension tentative agreement will be sent to Hawaiian Flight Attendants for a vote that closes on 17 April.