The administrators of insolvent Australian carrier Rex – Regional Express (ZL, Wagga Wagga) have failed to find a buyer, according to The Australian, with a source close to the administrators telling the newspaper that the airline was “a bit of a Frankenstein business” and its breakup was inevitable. It comes as Rex’s two top board members gave their first post-administration interviews on Australian television.

Rex called in the administrators in July after a venture into mainline B737-800

Source: ch aviation
Read more: Lacklustre interest in Australia's Rex, board relations sour