Regional Express’s (ASX:REX) Pel-Air awarded NSW Air Ambulance contract

Company News

by Rachael Jones

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.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.