Qantas Group released a statement on Wednesday morning, after Rex entered administration and dropped its jet operations, calling it a “challenging day for our industry”. Customers will have until 31 August to contact Qantas or Jetstar to rebook.
777 Partners, which is believed to have held around 24 per cent of Flair, has seen its stake reduced to almost nothing, according to sources cited in the Australian Financial Review. The Miami-based venture capital firm is also a part owner of Bonza, w…