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Is Rex on the road to nationalisation?

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Manage episode 467367057 series 2355625
Content provided by Momentum Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Momentum Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

As Rex has limped on in administration over the past half-year, with prospects for a sale dimming, the question has occasionally been asked: might the government step in more forcefully to keep its essential services in the air?

Now we have our answer: if the administrators can’t find a buyer, the government is looking at the option to buy Rex itself, which would make the carrier the first in Australia to be publicly owned since the privatisation of Qantas around 30 years ago. But what would await the government if it were to stump up the cash for the ailing airline – and is it a good idea in the first place?

Adam and Jake discuss what might be behind the decision, and whether it’s scuppered any chance for a commercial sale.

Plus, with the ACCC looking to wave the Qatar deal through, are Virgin Australia flights to Doha now all but inevitable?

  continue reading

346 episodes

Artwork
iconShare
 
Manage episode 467367057 series 2355625
Content provided by Momentum Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Momentum Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

As Rex has limped on in administration over the past half-year, with prospects for a sale dimming, the question has occasionally been asked: might the government step in more forcefully to keep its essential services in the air?

Now we have our answer: if the administrators can’t find a buyer, the government is looking at the option to buy Rex itself, which would make the carrier the first in Australia to be publicly owned since the privatisation of Qantas around 30 years ago. But what would await the government if it were to stump up the cash for the ailing airline – and is it a good idea in the first place?

Adam and Jake discuss what might be behind the decision, and whether it’s scuppered any chance for a commercial sale.

Plus, with the ACCC looking to wave the Qatar deal through, are Virgin Australia flights to Doha now all but inevitable?

  continue reading

346 episodes

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