00:00The Prime Minister, Anthony Albanese, visited Maroombula Airport this morning to announce
00:06that in fact the Federal Government will support Rex Airlines throughout this process and take
00:11on the airline if they can't find a successful bidder by June 30.
00:16So what he did make clear though is in fact that the Federal Government, it's not their
00:20first preference to take on the airline, but they will if necessary, if there are no successful
00:25bidders by June 30, which is the Administration cut-off date.
00:30We will work with the shortlisted bidders to maximise a successful sale.
00:36We'll negotiate to provide support to bidders.
00:40This will be contingent on commitments to provide an ongoing, reasonable level of services
00:46to regional and remote communities and the need to provide value for money for taxpayers.
00:54In the regions here, it's vital to have the regional airlines keeping Australia connected
01:00and keeping the country moving, particularly for local economies that exist all over the
01:04country.
01:05And not only that, critical and vital health services are ferried between these airlines
01:12every day and helps people and residents in regions access critical health care in the
01:19cities.
01:21The Federal Government will in fact take over Rex Airlines if there are no successful bidders
01:26by June 30.
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