Rex Airlines has signed a Letter of Intent (LOI) to lease two Boeing 737-800NG jets bringing the total of Rex’s fleet of Boeing 737-800NG’s to nine.
The aircraft are on loan from Singapore Airlines and expected to arrive in June and July 2023.
John Sharp AM, Deputy Chairman, Rex, said: “Rex’s domestic jet services have been performing very strongly and have been profitable in the past four months. The travelling public has been crying out for our reliable and affordable services in the light of the shameless price gouging by Qantas and these new additions will help to alleviate the situation. We are still deciding where to deploy these additional aircraft and will explore all options.”
In addition to its fleet of 737s, Rex flies 61 Saab 340s on its 50 regional routes. Rex has about 5% market share as compared to larger airline like Qantas with 75 and Virgin with 65 737s respectively.