Business
The Regional Express (ASX:REX) share price has fallen after fresh Qantas challenge
Regional Express Holdings Ltd (ASX: REX) is continuing its aggressive push out of the regions and into the cities. The company announced on its website today it would challenge Qantas Airways Limited (ASX: QAN) with a new Sydney to Canberra route starting at $99.
At today’s close of trading, the Regional Express share price was down 3% trading at $1.58. Shares in Qantas, meanwhile, were trading 1.34% lower at $5.14. In comparison, the S&P/ASX 200 Index (ASX: XJO) is up 0.5%. All ASX travel shares are down at present, as pessimism continues to linger over COVID restrictions.
Let’s take a look at the smaller airline’s…
-
Noosa News13 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
General19 hours agoBoy dies after being trapped between rocks off NSW beach
-
Noosa News19 hours agoFarmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’
-
Noosa News19 hours agoDetectives continue to search for answers on Crystal Beale’s death