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Australian Aviation • Jake Nelson

Former Rex chairman Lim Kim Hai fined A$800,000 and disqualified from managing companies for four years

Australia’s corporate regulator fined Lim Kim Hai, Regional Express’ former executive chairman, A$800,000 and barred him from managing companies for four years after he admitted misleading investors about Rex’s 2023 financial performance. He was also ordered to pay part of the regulator’s costs in proceedings against him and three other former directors.

Also: AeroTime
2026-10-20T16:50:37.849391-07:00
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FlightGlobal • David Kaminski-Morrow

Airbus implementing automatic power reserve on A330neo

By FlightGlobal: Feature to maximise thrust on take-off after engine failure among enhancements planned for twinjet. Airbus is implementing an automatic power reserve function on the A330neo which will provide thrust in the event of an engine failure on take-off.

2026-10-21T04:05:18.616812-07:00
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FlightGlobal • Alfred Chua

Alaska Air’s loss-making streak continues amid ‘significant’ fuel challenge

By FlightGlobal: Airline group reveals 60% spike in fuel costs. Alaska Air Group swung to a net loss of $147 million in its third-quarter earnings, continuing a streak of red ink since the start of the year.

2026-10-21T01:05:11.230467-07:00