1 year ago
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Company says it has been forced to make significant reductions to its flight schedule in recent months
Rex Airlines’ expectation of posting a profit this financial year has been dashed, with the predominantly regional carrier revising its rosy prediction to warn of a $35m loss, just as the aviation market booms.
The airline has blamed the global shortage of pilots and engineers, as well as “supply chain shocks” after the peak of the pandemic for disrupting its network and contributing to the revised financial result.
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