Rex Returns to Profit

DALLAS – Australian domestic carrier Rex Airlines (ZL) has announced a return to profitability for September 2022. It marks the first time ZL has made a profit since resuming operations in February.

In a statement, Rex’s Executive Chairman, Lim Kim Hai, said that the return to profit so soon after restarting operations was “truly unprecedented in the airline world.”

Rebounding Numbers

Like all Australian airlines, Rex has been impacted by the country’s strict lockdowns that restricted non-essential travel for almost two years.

“Our domestic jet network passenger numbers for the first three months of this FY [financial year] grew by 60%, 34% read more ⇒

Source:: “Airways Magazine”

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