Rex has stopped taking bookings amid reports the airline is about to appoint administrators

The carrier’s shares are suspended and Bloomberg is reporting that Ernst & Young is set to be appointed as administrators

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There is uncertainty about the future of Rex – Australia’s third-largest airline – with speculation regarding its financial situation and tension among the leadership team.

On Tuesday afternoon, Bloomberg reported that Rex was to appoint EY – formerly known as Ernst & Young – as administrators, citing people familiar with the matter.

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