Australia's Rex loses MD

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Australian regional carrier Regional Express (Rex) is looking to appoint a new managing director following the sudden resignation of Geoff Breust who has been in the top job for nearly four years.

Rex says in a statement that Breust resigned on 7 November and is currently serving out his four weeks’ notice period. The carrier claims that Breust plans to retire.

It says the board has decided that Jim Davis, chief of staff, is to be interim boss while the company takes time “to put in place a new leadership structure”.

Davis is also the person the airline has in charge of Rex’s new training programme for new pilots.

In recent years the airline has been steadily increasing its profits but in the past few months its growth has been stymied by a shortage of pilots and this has forced it to temporarily suspend some services and put its route expansion on hold.

Breust was appointed managing director of Rex in December 2003 and at that time he was 53 years old.

He is also a former CEO of Kendell Airlines, which in 2002 merged with Hazelton Airlines to form Rex.