Regional Express secures $150 million for jet service launch with shares sale to PAG

Rex Martinich
Updated January 31 2021 - 4:17pm, first published 11:56am
Regional Express paints its livery on a newly-leased Boeing 737. The airline has secured $150 million in external funding to launch the new jet service. Picture: Regional Express/twitter
Regional Express paints its livery on a newly-leased Boeing 737. The airline has secured $150 million in external funding to launch the new jet service. Picture: Regional Express/twitter

Regional Express shareholders have approved a $150 million investment deal that will fund the airline's new national passenger jet service in exchange for selling nearly half of the company.

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Rex Martinich

Rex Martinich

Journalist

Journalist for the Daily Advertiser in Wagga Wagga covering politics and data. Mobile: 0437 853 137 Email: rex.martinich@dailyadvertiser.com.au

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