BRIEF-Regional Express Gives Update On Non-Core Asset Disposals

Reuters

2025/03/18

March 18 (Reuters) - Regional Express Holdings Ltd REX.AX:

UPDATE ON NON-CORE ASSET DISPOSALS
IT HAS NOW CLOSED SALE OF A TEXTRON KING AIR 350C AIRCRAFT FOR US$7.3 MILLION.
CLOSED SALE OF B737-800W/B737-700 FLIGHT SIMULATOR TOGETHER WITH PROPERTY WHICH HOUSED IT AT ROBEY STREET
PROCEEDS FROM SALE OF THESE NON-CORE ASSETS WILL BE USED BY GROUP TO REPAY DEBT.
SALE OF B737-800W/B737-700 FLIGHT AND OTHERS FOR A BASE CONSIDERATION OF A$6.1 MILLION

Further company coverage: REX.AX

((Reuters.Briefs@thomsonreuters.com;))

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