The Latest Breaking News from Rex

Approximately 40 flights due to land in or depart Sydney were cancelled on Thursday morning, leading to cancellations in Melbourne

Investors can soon short all their favorite meme stocks with the immunity offered by an exchange-traded fund. What Happened: Rex Shares is planning to add 10 new series of inverse single stock ETFs, mostly meme stocks, Form N1-A filed by funds’ advisor Tidal ETF Trust II late Monday showed.

The regional airline has unveiled its plan to replace some of its fleet's jet engines with electric-propulsion engines. Trial flights are to start in 2024.

Announcement comes as passenger numbers set to surge during school holidays, and figures show airline had the highest cancellation rate last month

A breakdown in pay negotiations results in 230 Rex pilots voting to take industrial action, but the airline says it is "aligned' with the union by not wishing to negatively impact the travelling public.

The Australian Federation of Air Pilots says Rex Saab pilots have overwhelmingly voted in favour of taking protected industrial action.

Kate Lawler and Martin Bojtos recently tied the knot in a London ceremony and are not enjoying an Italian trip away together

Airline passengers travelling to or from parts of regional Australia could face significant delays if a pay dispute between Rex and the pilots' union isn't settled soon.

Rex Airlines could have a strike on its hands after negotiations failed on a pay deal described by the pilots' union as "worse than previous offers".