Wikiposts
Search

Notices
Australia, New Zealand & the Pacific Airline and RPT Rumours & News in Australia, enZed and the Pacific

REX AIRLINES Trading Halt

Thread Tools
 
Search this Thread
 
Old 23rd October 2025 | 05:34
  #1661 (permalink)  
15 Anniversary
 
Joined: Oct 2007
Posts: 3,628
Likes: 1,183
From: Aus
Originally Posted by Zhoottoo
For those that can't remember the 2002 exit from administration......... by June 2003, Rex ran out of working capital and made a $30 million loss in its first financial year.

TReX doesn't have black props, its a standard B model with Dowtys. Would have been a better painting with an accurate representation of the most glorious TReX in it rather than a WT. Equally fitting would be Evil Queen with it's red doors and handles, also an A model, so an actual dinosaur.
43Inches is offline  
Reply
Old 23rd October 2025 | 06:31
  #1662 (permalink)  
20 Anniversary
 
Joined: Jan 2006
Posts: 2,535
Likes: 224
From: Sydney Australia
Originally Posted by BEVLY9
Rex will remain a standalone entity with current management staying in place. We have high confidence in the quality of Rex’s management and employees. Our plan for Rex is the same as for all the businesses we acquire: support dynamic leaders and grow it for the long term.”
Oh that’s GOLD!
KRUSTY 34 is offline  
Reply
Old 23rd October 2025 | 09:55
  #1663 (permalink)  
15 Anniversary
 
Joined: May 2008
Posts: 9
Likes: 2
From: Samsonite
C&L Aviation Group Seeking STC Certification for AE3007A1E Engine i

….. Ah the sweet sound of a jet engine.

C’mon Aussie C’mon!!!!

Someone else will have to upload the retrofitted above jet engine photo to the Saab340B. Now is your chance to steal my thunder .

I am too junior to upload urls on pprune.

Last edited by Turbine27; 23rd October 2025 at 10:02. Reason: Typing error
Turbine27 is offline  
Reply
Old 23rd October 2025 | 19:07
  #1664 (permalink)  
20 Anniversary
 
Joined: Apr 2004
Posts: 61
Likes: 1
From: Perth
Originally Posted by Turbine27
….. Ah the sweet sound of a jet engine.
Media queries to Dinah! ;-)

C&L Aviation Group Seeking STC Certification for AE3007A1E Engine installation on Saab 340B+

April 1, 2022A natural fit for C&L, which specializes in both ERJ 145 and Saab 340 Upgrades and Modifications.

April 1st, 2022
For More Information:
Dinah Mite, Director of Exciting News, C&L Aviation Group
(207) 217-6050
Saab 340 with Mock EnginesBANGOR, Maine – C&L Aviation Group, has developed and will be seeking STC approval for its upgrade of the Saab 340B+ with the replacement of its GE CT7-9B turboprop engines with the RR AE3007A1E Turbine Jet Engines. This upgrade will allow the Saab 340B + to change from a maximum cruising speed of 325 MPH to 518 MPH getting the 34 passengers to their destinations quicker than ever before imagined.

“We have been heavily invested in the long-term sustainability and success of the Saab 340 for many years and upgrading the engines is just the next logical step,” said Chris Kilgour, CEO of C&L Aviation Group. “With our team performing interior modifications to both the ERJ and Saab aircraft, it makes perfect sense that we would also make modifications and upgrades to the exterior. We have had to make significant upgrades to the Saab airframe to handle the additional stresses generated by the significant increase in speed, but we feel we now have a ‘best in class’ aircraft.”

C&L has been modifying and upgrading the interiors and systems on ERJs for several years and specializes in converting these aircraft into business-class and luxury jets. To add to that C&L performs cargo conversions for the Saab 340 Aircraft and a host of other modifications. C&L also provides on-site engineering, avionics support, aircraft exterior painting, and heavy maintenance services. The company also carries one of the world’s largest inventories of ERJ and Saab parts in its warehouse, which helps to reduce maintenance times associated with these types of projects.

C&L Aviation Group is an FAA and EASA approved industry leader in servicing, maintaining, and supporting operators in the corporate and regional aviation industry. In addition to aircraft and engine sales and leasing programs, C&L offers parts support, heavy maintenance, interior refurbishment, aircraft teardown, disassembly services, and aircraft management. C&L is headquartered in Bangor, Maine, with international offices in Australia and Europe. www.cla.aero.

longlegs is offline  
Reply
Old 23rd October 2025 | 23:20
  #1665 (permalink)  
20 Anniversary
 
Joined: Dec 2001
Aviation Qualifications: ATPL
Posts: 4,419
Likes: 853
From: Brisvegas
From yesterdays meeting this report in the Australian….
The US firm seeking to buy Rex Airlines believes the existing fleet of Saab 340s can continue to fly because “although the airframes are old, the parts and engines are only half as old”.

Aviation holdings company Air T has signed a sale and implementation deed with administrators EY with the intention of assuming control of Rex from mid-December.

A committee of creditors meeting held on Thursday heard Air T was committed to the existing fleet and was targeting a total of 47 Saab 340s, up from the current 31 that are airworthy.

The fleet has an average age of more than 30 years, but it appeared Air T has no intention of replacing the aircraft with newer planes, stating on Tuesday that it “liked the Saab 340”.

Sources at the meeting said Air T justified the decision to not replace the fleet, declaring that although the airframes were old, the engines and parts were half their age.

The company intends to maintain servicing Rex’s network of regional and remote towns, and keep the current management team in place.

Sources said Air T wanted growth but did not share details of any future plans for the airline.

It was confirmed that unsecured creditors would get nothing out of the deal – which has angered airports, many of which are owed millions of dollars by Rex.

There was particular frustration about the fact the federal government paid $50m to “buy the debt” of Rex’s Asian-based investor, PAG, but left regional airports out of pocket.
Icarus2001 is offline  
Reply
Old 24th October 2025 | 01:49
  #1666 (permalink)  
 
Joined: Mar 2024
Posts: 79
Likes: 47
From: Far far away
That's strange, Air Ts post on their LinkedIn mentioned "Preserving Jobs and Renewing the Fleet" just 2 days ago!
BagoRatz is offline  
Reply
Old 24th October 2025 | 03:59
  #1667 (permalink)  
20 Anniversary
 
Joined: Jan 2006
Posts: 2,535
Likes: 224
From: Sydney Australia
Originally Posted by BagoRatz
That's strange, Air Ts post on their LinkedIn mentioned "Preserving Jobs and Renewing the Fleet" just 2 days ago!
At least it looks like Nifty will keep his job! 😂
KRUSTY 34 is offline  
Reply
Old 24th October 2025 | 04:22
  #1668 (permalink)  
15 Anniversary
 
Joined: Oct 2007
Posts: 3,628
Likes: 1,183
From: Aus
BANGOR, Maine – C&L Aviation Group, has developed and will be seeking STC approval for its upgrade of the Saab 340B+ with the replacement of its GE CT7-9B turboprop engines with the RR AE3007A1E Turbine Jet Engines. This upgrade will allow the Saab 340B + to change from a maximum cruising speed of 325 MPH to 518 MPH getting the 34 passengers to their destinations quicker than ever before imagined.
Hmm, not sure what they are smoking but the SAAB is only tested and certified to mach .5/250 KIAS. That certification is not a limitation of the current engines, but its an overall standard to which it was certified at great cost. Strapping some jets to where the props used to be will not suddenly allow it to cruise at 518 MPH (450 KTAS). The 340 was initially going to be certified to higher speeds, however to keep the costs down they only went for the lowest 250KIAS/mach 0.5 as the engines were not going to push it much above that anyway, without descent. When SAAB looked to stretch the 340 into the 2000 they thought it would be able to handle 310KIAS/mach 0.7, however when flight testing began it became apparent there were flaws in the 340 design when it came to high speed flight, mainly around the tail section and flutter, which led to powered controls being developed, and the delays to the program as a result led to it's demise. It also gained it's highest speed by climbing quickly to FL280-310 and cruising there. To modify a SAAB 340 airframe to be able to handle the speed being talked about, modify the frame for the engines, and then fit it out with equipment for flight above FL 250, and then the cost of the engines, which I assume will reduce range as well, re-certification costs, I think you might get the idea by now.

​​​​​​​In anycase, where is the gear going to retract in those diagrams.
43Inches is offline  
Reply
Old 24th October 2025 | 04:46
  #1669 (permalink)  
10 Anniversary
 
Joined: Jan 2016
Aviation Qualifications: SLF
Posts: 41
Likes: 34
From: Australia
Originally Posted by 43Inches
In anycase, where is the gear going to retract in those diagrams.
​​​​​​​hopefully they will release new diagrams in next April 😂
BEVLY9 is offline  
Reply
Old 24th October 2025 | 04:56
  #1670 (permalink)  
15 Anniversary
 
Joined: Feb 2007
Posts: 73
Likes: 13
From: Cantberra
43Inches, you make valid points. Much more valid than the article posted by longlegs dated 1 April
Cleared Visual is offline  
Reply
Old 24th October 2025 | 05:18
  #1671 (permalink)  
15 Anniversary
 
Joined: Oct 2007
Posts: 3,628
Likes: 1,183
From: Aus
Originally Posted by Cleared Visual
43Inches, you make valid points. Much more valid than the article posted by longlegs dated 1 April
Haha, should have looked at the date, I thought it was an April fools joke. Considering the other BS flying around this sale I was tricked into thinking they might just be using this as some sort of justification for ongoing use of the SAAB. Must be time for a Rum at the beach bar, a good place for Friday arvos.
43Inches is offline  
Reply
Old 24th October 2025 | 10:54
  #1672 (permalink)  
20 Anniversary
 
Joined: Feb 2002
Posts: 4,399
Likes: 135
From: NSW
Originally Posted by 43Inches
Hmm, not sure what they are smoking but the SAAB is only tested and certified to mach .5/250 KIAS. That certification is not a limitation of the current engines, but its an overall standard to which it was certified at great cost. Strapping some jets to where the props used to be will not suddenly allow it to cruise at 518 MPH (450 KTAS). The 340 was initially going to be certified to higher speeds, however to keep the costs down they only went for the lowest 250KIAS/mach 0.5 as the engines were not going to push it much above that anyway, without descent. When SAAB looked to stretch the 340 into the 2000 they thought it would be able to handle 310KIAS/mach 0.7, however when flight testing began it became apparent there were flaws in the 340 design when it came to high speed flight, mainly around the tail section and flutter, which led to powered controls being developed, and the delays to the program as a result led to it's demise. It also gained it's highest speed by climbing quickly to FL280-310 and cruising there. To modify a SAAB 340 airframe to be able to handle the speed being talked about, modify the frame for the engines, and then fit it out with equipment for flight above FL 250, and then the cost of the engines, which I assume will reduce range as well, re-certification costs, I think you might get the idea by now.

In anycase, where is the gear going to retract in those diagrams.

C&L is not just some backyard show. They have been around Saab 340
and 2000 for eons as well as other regional jet types.
TBM-Legend is offline  
Reply
Old 24th October 2025 | 13:09
  #1673 (permalink)  
15 Anniversary
 
Joined: May 2008
Posts: 9
Likes: 2
From: Samsonite
Rivets!

Originally Posted by 43Inches
Hmm, not sure what they are smoking but the SAAB is only tested and certified to mach .5/250 KIAS. That certification is not a limitation of the current engines, but its an overall standard to which it was certified at great cost. Strapping some jets to where the props used to be will not suddenly allow it to cruise at 518 MPH (450 KTAS). The 340 was initially going to be certified to higher speeds, however to keep the costs down they only went for the lowest 250KIAS/mach 0.5 as the engines were not going to push it much above that anyway, without descent. When SAAB looked to stretch the 340 into the 2000 they thought it would be able to handle 310KIAS/mach 0.7, however when flight testing began it became apparent there were flaws in the 340 design when it came to high speed flight, mainly around the tail section and flutter, which led to powered controls being developed, and the delays to the program as a result led to it's demise. It also gained it's highest speed by climbing quickly to FL280-310 and cruising there. To modify a SAAB 340 airframe to be able to handle the speed being talked about, modify the frame for the engines, and then fit it out with equipment for flight above FL 250, and then the cost of the engines, which I assume will reduce range as well, re-certification costs, I think you might get the idea by now.

In anycase, where is the gear going to retract in those diagrams.

I think those structural modifications can be carried out by using bigger rivets. I believe there are some spare rivets available from out front of the 787 line over at Boeing in a special container. This project is getting cheaper by the minute! 😉


Turbine27 is offline  
Reply
Old 24th October 2025 | 14:19
  #1674 (permalink)  
15 Anniversary
 
Joined: Jan 2010
Posts: 608
Likes: 112
From: Eagles Nest
Federal grant to do feasibility study on re engineering SAAB’s with jet engines . Estimates committee can approve funds as it will be a vote winner in the regional areas . Then operate this new jet powered SAAB at .5/250 kt to keep CASA happy ? Protects the initial payments to keep airline going !
Toruk Macto is online now  
Reply
Old 27th October 2025 | 04:21
  #1675 (permalink)  
20 Anniversary
 
Joined: Feb 2002
Posts: 4,399
Likes: 135
From: NSW
Originally Posted by Toruk Macto
Federal grant to do feasibility study on re engineering SAAB’s with jet engines . Estimates committee can approve funds as it will be a vote winner in the regional areas . Then operate this new jet powered SAAB at .5/250 kt to keep CASA happy ? Protects the initial payments to keep airline going !

April fool’s Day has come early
TBM-Legend is offline  
Reply
Old 29th October 2025 | 01:10
  #1676 (permalink)  
20 Anniversary
 
Joined: Dec 2001
Aviation Qualifications: ATPL
Posts: 4,419
Likes: 853
From: Brisvegas
That's strange, Air Ts post on their LinkedIn mentioned "Preserving Jobs and Renewing the Fleet" just 2 days ago!
​​​​​​​ Sources at the meeting said Air T justified the decision to not replace the fleet, declaring that although the airframes were old, the engines and parts were half their age
I think it is probably fair to say that at this stage Air T will say and promise many things to get this deal done. Short of guaranteeing staff super and leave balances. Paradoxically if the company failed they would have some recourse under FEG, if it continues to trade one would expect that the ATO is required to insist on the superannuation being paid out. Can this be agreed away by a deed of company arrangement and vote by the employees as creditors?
Icarus2001 is offline  
Reply
Old 29th October 2025 | 09:39
  #1677 (permalink)  
15 Anniversary
 
Joined: Oct 2007
Posts: 3,628
Likes: 1,183
From: Aus
Looks like another SAAB air return to Parkes yesterday, and grounded there after, some troubles with starting or such earlier. Got airborne and then turned around and came back, might be engine related issues as well. Did it have problems and they tried to fly it back without engineering taking a look first? That stinks of poor decision making and pilots under pressure to make the schedule work, hope I'm wrong though.
43Inches is offline  
Reply
Old 3rd November 2025 | 06:35
  #1678 (permalink)  
20 Anniversary
 
Joined: Jan 2006
Posts: 2,535
Likes: 224
From: Sydney Australia
Gone quiet again.

Any news on the Creditor’s meeting? Sam was saying it will be some time prior to the expiration of the administration.

Well, that’s now 4 weeks away, and 4600 unsecured creditors are still owed more than $600M with interest.
KRUSTY 34 is offline  
Reply
Old 3rd November 2025 | 10:43
  #1679 (permalink)  
 
Joined: Mar 2024
Posts: 79
Likes: 47
From: Far far away
Just got an email, next creditors meeting on the 11th

BagoRatz is offline  
Reply
Old 3rd November 2025 | 16:53
  #1680 (permalink)  
20 Anniversary
 
Joined: Jan 2006
Posts: 2,535
Likes: 224
From: Sydney Australia
Originally Posted by BagoRatz
Just got an email, next creditors meeting on the 11th
Thank you Sir.

Hoping it goes well.
KRUSTY 34 is offline  
Reply


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.