The Australian government is considering buying the country's largest independent regional airline, Rex, if no private buyer comes forward.

Prime Minister Anthony Albanese said on Tuesday that the government was willing to support shortlisted buyers. He added that any potential buyer must promise to maintain a fair level of service for regional and remote communities, while ensuring good management and value for taxpayers, Investing reported.

Although the government prefers that a private company take over Rex, it has not ruled out the possibility of buying the airline itself, if necessary.

"We are working collaboratively with the administrators of Rex to ensure that regional services continue beyond June 2025, including looking at what support the Commonwealth can provide," the prime minister said,

© International Business Times