Rex’s ambitions of becoming a domestic route competitor to Qantas and Virgin are becoming a reality. Next step: a team song.

We can’t promise this week’s Aviation Wrap is all good news, but at least Rex shareholders and Velocity Frequent Flyers have something to cheer about.

Rex is banking on a much swifter return of regional flying than domestic or international, which isn’t exactly surprising given Australia’s current border situation.

Proving we don’t just favour news from Australian carriers, this week’s Aviation Wrap has plenty of updates from airlines all over the globe.

Neville Howell, Alan Joyce and Paul Scurrah have been emailing each other high five GIFs today after receiving this pleasing bit of news.

A war of words has taken off between Qantas and Rex. Read all about the verbal tit for tat here.

After recently revealing its intention to expand its services to include capital cities, Rex is getting ready to enter the big league.

Meanwhile, Rex has once again been defending itself on the ASX, this time over reports the regional carrier is receiving a larger percentage of public funding than Qantas or Virgin.

Australia’s corporate watchdog is reportedly reviewing comments from Regional Express Holdings’ deputy chairman, which potentially breached the Corporations Act.

Rex is facing a possible probe from Australia’s corporate watchdog, after its deputy chairman revealed plans for the airline to expand capital city services without informing the ASX.

The Queensland government has thrown its hat in the ring to bid for Virgin Australia, as the deadline for non-binding offers draws closer.

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