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Rex Airlines
Rex Airlines Pty Ltd is an Australian regional airline based in Mascot, New South Wales. It operates scheduled regional services using turboprop aircraft. Between 2021 and 2024, Rex also operated jet services between selected major Australian cities. In July 2024, it collapsed and was placed into voluntary administration. It is the primary subsidiary of Regional Express Holdings, itself predominantly foreign-owned by Singaporean businessman Lim Kim Hai and Hong Kong investment firm PAG. Rex is Australia's second-largest regional airline by number of regional destinations, serving 45 regional destinations, behind QantasLink, who serve 55 regional destinations across Australia. On the night of 30 July 2024, the airline ceased all bookings for domestic jet service routes to capital cities and fell into voluntary administration, appointing joint administrators from Ernst & Young. It came one day after Rex stopped trading on the Australian Securities Exchange (ASX), amid fears the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mascot, New South Wales
Mascot is an inner south suburb of Sydney, in the state of New South Wales, Australia. Mascot is located 7 kilometres south of the Sydney central business district and is one of the administrative centres of the Bayside Council. A small part of Mascot is located in the Inner West Council. Mascot is on the northwest side of Botany Bay and contains Sydney Airport. History The first land grants in the area were made in 1835, with market gardening being the main land use. Subdivision followed the construction of Botany Road in 1875 and a municipality known as North Botany was Municipality of Mascot, formed in 1888. A racecourse operated in this area in 1904 on land that was formerly owned by the Australian Golf Club. The race course was known as Ascot Racecourse, Sydney, Ascot, named after its Ascot Racecourse, famous counterpart in England. Residents wanted the area to have an individual identity and a referendum was held in 1911 to choose between Ascot, and Booralee. An object ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PAG (investment Firm)
PAG is an Asian investment firm that manages multiple asset classes, including private equity, private debt, real estate and hedge funds. It is considered one of the largest private investment firms in Asia. In 2023, ''Private Equity International'', ranked PAG as the seventh largest private equity firm in Asia based on total fundraising over the most recent five-year period. PAG has offices in Asia-Pacific, London and New York. History The origins of PAG come from Pacific Alliance Group, a multi-strategy hedge fund co-founded by Chris Gradel and Horst Geicke in 2002. It currently forms PAG's Credit & Markets business. Millennium Management was one of the initial investors of the firm and went on to invest $150 million for a 20% stake in the firm before Gadel bought it back in 2009. The Real Assets business grew out of Secured Capital Japan, co-founded in 1997 by Jon-Paul Toppino, a Japanese real estate management company listed on the Tokyo Stock Exchange. In March 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ernst & Young
EY, previously known as Ernst & Young, is a multinational corporation, multinational professional services partnership, network based in London, United Kingdom. Along with Deloitte, KPMG and PwC, it is one of the Big Four accounting firms, Big Four accounting firms. The EY network is composed of member firms of Ernst & Young Global Limited, a UK company Company limited by guarantee, limited by guarantee. EY is one of the largest professional services networks in the world. It primarily provides assurance services, assurance, tax, Information technology, information technology services (including managed services in areas like Cybersecurity, Cloud computing, Cloud, Digital transformation, Digital Transformation and Artificial intelligence, AI), management consulting, consulting, and Corporate services, advisory services to its clients. Ernst & Young Global Limited operates as a network of member firms which are structured as separate legal entities in a partnership, which has 395 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Voluntary Administration
As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – in the United Kingdom colloquially called being "under administration" – is an alternative to liquidation or may be a precursor to it. Administration is commenced by an administration order. A company in administrative receivership is operated by an administrator (sometimes referred to as a receiver and manager) (as interim chief executive with custodial responsibility for the company's assets and obligations) on behalf of its creditors. The administrator may recapitalize the business, sell the business to new owners, or demerge it into elements that can be sold and close the remainder. Most countries distinguish between voluntary (board-decided) and involuntary (court-decided) receivership. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sydney
Sydney is the capital city of the States and territories of Australia, state of New South Wales and the List of cities in Australia by population, most populous city in Australia. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about 80 km (50 mi) from the Pacific Ocean in the east to the Blue Mountains (New South Wales), Blue Mountains in the west, and about 80 km (50 mi) from Ku-ring-gai Chase National Park and the Hawkesbury River in the north and north-west, to the Royal National Park and Macarthur, New South Wales, Macarthur in the south and south-west. Greater Sydney consists of 658 suburbs, spread across 33 local government areas. Residents of the city are colloquially known as "Sydneysiders". The estimated population in June 2024 was 5,557,233, which is about 66% of the state's population. Estimated resident population, 30 June 2017. The city's nicknames include the Emerald City and the Harbour City. There is ev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Perth
Perth () is the list of Australian capital cities, capital city of Western Australia. It is the list of cities in Australia by population, fourth-most-populous city in Australia, with a population of over 2.3 million within Greater Perth . The Extremes on Earth#Other places considered the most remote, world's most isolated major city by certain criteria, Perth is part of the South West Land Division of Western Australia, with most of Perth metropolitan region, Perth's metropolitan area on the Swan Coastal Plain between the Indian Ocean and the Darling Scarp. The city has expanded outward from the original British settlements on the Swan River (Western Australia), Swan River, upon which its #Central business district, central business district and port of Fremantle are situated. Perth was founded by James Stirling (Royal Navy officer), Captain James Stirling in 1829 as the administrative centre of the Swan River Colony. The city is situated on the traditional lands of the Whadju ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Melbourne
Melbourne ( , ; Boonwurrung language, Boonwurrung/ or ) is the List of Australian capital cities, capital and List of cities in Australia by population, most populous city of the States and territories of Australia, Australian state of Victoria (state), Victoria, and the second most-populous city in Australia, after Sydney. The city's name generally refers to a metropolitan area also known as Greater Melbourne, comprising an urban agglomeration of Local Government Areas of Victoria#Municipalities of Greater Melbourne, 31 local government areas. The name is also used to specifically refer to the local government area named City of Melbourne, whose area is centred on the Melbourne central business district and some immediate surrounds. The metropolis occupies much of the northern and eastern coastlines of Port Phillip Bay and spreads into the Mornington Peninsula, part of West Gippsland, as well as the hinterlands towards the Yarra Valley, the Dandenong Ranges, and the Macedon R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hobart
Hobart ( ) is the capital and most populous city of the island state of Tasmania, Australia. Located in Tasmania's south-east on the estuary of the River Derwent, it is the southernmost capital city in Australia. Despite containing nearly half of Tasmania's population, Hobart is the least-populated Australian state capital city, and second-smallest by population and area after Darwin if territories are taken into account. Material was copied from this source, which is available under Creative Commons Attribution 4.0 International License Its skyline is dominated by the kunanyi / Mount Wellington, and its harbour forms the second-deepest natural port in the world, with much of the city's waterfront consisting of reclaimed land. The metropolitan area is often referred to as Greater Hobart, to differentiate it from the City of Hobart, one of the seven local government areas that cover the city. It has a mild maritime climate. The city lies on country which was known by the l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Coast, Queensland
The Gold Coast, also known by its initials, GC, is a coastal city and region in the state of Queensland, Australia, located approximately south-southeast of the centre of the list of Australian capital cities, state capital, Brisbane. It is Queensland's List of cities in Queensland by population, second-largest city after Brisbane, as well as Australia's List of cities in Australia by population, sixth-largest city and the most populous non-capital city. The city's Gold Coast central business district, central business district is located roughly in the centre of the Gold Coast in the suburb of Southport, Queensland, Southport. The urban area of the Gold Coast is concentrated along the coast, sprawling almost 60 kilometres, joining up with the Greater Brisbane metropolitan region to the north and to the state border with New South Wales to the south. Nicknames of the city include the ‘Glitter Strip’ and the ‘Goldy’. The demonym of a Gold Coast resident is Gold Coaster. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Darwin, Northern Territory
Darwin ( Larrakia: ') is the capital city of the Northern Territory, Australia. The city has nearly 53% of the Northern Territory's population, with 139,902 at the 2021 census. It is the smallest, wettest, and most northerly of the Australian capital cities and serves as the Top End's regional centre. Darwin's proximity to Southeast Asia makes it a key link between Australia and countries such as Indonesia and Timor-Leste. The Stuart Highway begins in Darwin and extends southerly across central Australia through Tennant Creek and Alice Springs, concluding in Port Augusta, South Australia. The city is built upon a low bluff overlooking Darwin Harbour. Darwin's suburbs extend to Lee Point in the north and to Berrimah in the east. The Stuart Highway extends to Darwin's eastern satellite city of Palmerston and its suburbs. The Darwin region, like much of the Top End, has a tropical climate, with a wet and dry season. A period known locally as "the build up" leading up ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canberra
Canberra ( ; ) is the capital city of Australia. Founded following the Federation of Australia, federation of the colonies of Australia as the seat of government for the new nation, it is Australia's list of cities in Australia, largest inland city, and the list of cities in Australia by population, eighth-largest Australian city by population. The city is located at the northern end of the Australian Capital Territory at the northern tip of the Australian Alps, the country's highest mountain range. Canberra's estimated population was 473,855. The area chosen for the capital had been inhabited by Aboriginal Australians for up to 21,000 years, by groups including the Ngunnawal and Ngambri. history of Australia (1788–1850), European settlement commenced in the first half of the 19th century, as evidenced by surviving landmarks such as St John the Baptist Church, Reid, St John's Anglican Church and Blundells Cottage. On 1 January 1901, federation of the colonies of Australi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cairns
Cairns (; ) is a city in the Cairns Region, Queensland, Australia, on the tropical north east coast of Far North Queensland. In the , Cairns had a population of 153,181 people. The city was founded in 1876 and named after William Cairns, Sir William Wellington Cairns, following the discovery of gold in the Hodgkinson Minerals Area, Hodgkinson River. During World War II, the city became a staging ground for the Allies of World War II, Allied Forces in the Battle of the Coral Sea. By the late 20th century the city had become a centre of international tourism. In the early 21st century, it has developed into a major regional city. The economy of Cairns is based primarily on tourism, healthcare and education, along with a major capacity in aviation, marine and defence industries. The city has a Gross regional domestic product, gross regional product at about $12.2 billion as of 2024. The city is served by Cairns Airport, Cairns International Airport, the List of the busiest airpo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
