Regional Express (ASX:REX) report that New South Wales Ambulance and Pel-Air have entered into a contract to provide Fixed Wing Patient Transport Services to NSW Ambulance.
The contract has a 10-year operational phase beginning in January 2022.
Pel-Air was awarded a similar contract with Ambulance Victoria in December 2009, and this contract was extended last year until 2023.
Regional Express (Rex) is Australia’s largest independent regional airline operating a fleet of 60 Saab 340 aircraft on some 1,500 weekly flights to 60 destinations throughout all states in Australia.
Shares in Regional Express (ASX:REX) closed flat at $1.08 yesterday.