Originally Posted by
MickG0105
True, Rex is not the sole beneficiary of the program; 15 airlines have received grants under the Regional Airline Network Support program. However, Rex is the single largest beneficiary having received over $40 million or 35 per cent of the funds granted under that program. Rex has received more under RANS than what was granted in aggregate to 13 of the 14 other airlines.
Of course, the $40-odd million under RANS is on top of the nearly $54 million that Rex received under the COVID-19 Regional Airlines Funding Assistance program. Rex's grant alone represents just shy of three quarters of the 'last resort' funding made available under that program.
Of course they have!! Rex is by far the largest regional airline (excluding Q’link) so it stands to reason they receive a large proportion of the funding. As stated, the funding also keeps a bunch of other airlines running into next year as well.