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MEDIA RELEASE
FOR IMMEDIATE RELEASE ONE PAGE
NO SUNSHINE FOR REGIONAL EXPRESS
Further to a Media Release on 14 August 2006, Sunshine Express Airlines announced today that the proposed merging of the airline with Regional Express will not proceed.
The proposed acquisition was based on terms of an original draft agreement between the two parties. However, following further negotiations, Sunshine Express no longer considers that its primary purpose behind the arrangement would be achieved -that is, that all parties would benefit from the merger. In addition, the Board of Sunshine Express was not satisfied that the interests of the airline and its staff would be entirely protected.
For more information about Sunshine Express Airlines visit www.sunshineexpress.com.au. For more information contact:
| Company:
| Sunshine Express Airlines
|
| Contact:
| Rebecca Penny |
Phil Laffer |
|
Marketing Manager |
Executive Director |
| Phone:
| (07) 5457 2013 |
(07) 5457 2005 |
| Mobile:
| 0412 593 260 |
0414 506 222 |
| Email:
| |
|
| Fax: |
(07) 5448 7070 |
|
| Address: |
Friendship Drive, Sunshine Coast Airport, Mudjimba, Queensland 4564 |
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