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Rex Completes Sale of Air Partner’s Stake in National Jet Express

Rex (Australia) has completed the sale of Air Partner’s (UK) 50% shareholding in National Jet Express (NJE) to entities controlled by the remaining shareholders of NJE. The proceeds from this transaction will be utilized by Rex to repay secured debt, contributing to its financial stabilization.

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Jin Air to Absorb Air Seoul and Air Busan Amid Parent Companies’ Merger

Jin Air (South Korea) is set to absorb Air Seoul and Air Busan, as the merger of their respective parent companies moves closer to completion. Jin Air, the largest subsidiary of Korean Air, will become a more dominant player in the domestic aviation market through this consolidation.

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Batik Air Malaysia to Launch Direct Flights to Sandakan and Miri

Batik Air Malaysia is set to expand its domestic network with the introduction of direct flights from Kuala Lumpur to Sandakan and Miri. The Sandakan route will commence on December 1, 2024, followed by the Miri route on January 14, 2025. Both services will be operated using the Boeing 737-800.