Rex (ASX:REX) share price takes flight as domestic launch nears // The Motley Fool Australia

The Regional Express Holdings Ltd (“Rex”) (ASX: REX) share price is rising today. The Rex share price is currently trading at $1.76 a share — that’s a 2.92% gain for the day and a gain of more than 50% over the past year.

As the smallest of Australia’s three airlines sets its sights on the major cities, let’s take a look at its recent moves and the latest news out of the industry.

Rex celebrates Australia Day in Sydney with no sign of Qantas or Virgin

During yesterday’s Australia Day celebrations, some Sydneysiders would have been surprised to see a Rex airplane soaring over the Sydney Harbour.

According to today’s Australian, this annual tradition is usually carried out by Qantas Airways Limited (ASX: QAN), which…