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Why the airline industry is in crisis | Four Corners

In aviation, there’s a saying: When things go wrong, they go wrong quickly. The same is true for Rex Airlines. After over twenty years of service, the regional carrier’s board imploded in June. The next month, Rex entered voluntary administration, its intercity service collapsed, and hundreds of jobs were lost. Many blame Rex’s bold move to challenge Qantas and Virgin in Australia’s brutal domestic market. This week on Four Corners, journalist Emily Baker exclusively interviews Rex’s former leaders, to uncover what went wrong and why Australia can’t seem to sustain a third airline. This episode was originally broadcast as ‘Flight Club’ on 30 September 2024 on ABC TV and ABC iview. Four Corners is Australia’s premier investigations documentary series. Follow Four Corners on Facebook: / abc4corners Subscribe to the Four Corners weekly newsletter: https://www.abc.net.au/news/subscribe Find out more at the Four Corners website: https://www.abc.net.au/news/programs/... Note: In most cases, our captions are auto-generated. #ABCNewsIndepth #ABCNewsAustralia