LOS ANGELES (KABC) -- ABC7 will present the 40th Annual Kingdom Day Parade on Feb. 17, celebrating the dream and legacy of Dr. Martin Luther King, Jr. The event has been moved to February because ...
The government will pay PAG Asia Capital $50 million to become the main creditor in Rex. Kate Geraghty The Australian Financial Review first revealed that the government was set to replace the ...
The federal government has stepped in to rescue Rex Airlines, acquiring $50 million in debt to prevent the company's collapse. The move safeguards vital regional air services. The federal ...
Transport Minister Catherine King said the acquisition was necessary to stop PAG taking action to put Rex into liquidation in an effort to recoup its investment. She said at the moment there were ...