Despite having to suspend flights and reduce frequencies due to a lack of operating Saab 340s, Rex - Regional Express (ZL, Wagga Wagga) put four of the in-operation aircraft on the market before filing for administration in July, according to Australian Aviation.

Rex administrators Ernst & Young have confirmed to ch-aviation that they have no aircraft available for sale. However, Queensland-based C&L Aerospace is still advertising the four Rex Saab 340Bs on its website, specifically VH-RXE (msn 275), VH-ZJS (msn 186), VH-ZLX (msn 182), and VH-ZRH (msn 392). The aircraft were put up for sale before Rex went into administration.

Rex has trimmed many of its Saab-operated flights to regional and rural communities over the past 12-24 months, citing a shortage of pilots and parts. According to ch-aviation fleets data, twenty-five of its fifty-seven Saab (Sweden) types are presently AOG. ADS-B flight tracking data shows Cairns-based VH-ZRH, Adelaide International-based VH-RXE, and Perth International-based VH-ZLX and VH-ZJX remain in active service. Rex's turboprop fleet includes twenty-two Saab 340Bs and thirty-five Saab 340B(Plus).

Rex went into administration after its three-year-old B737-800 venture failed. The airline diversified away from Saab operations in 2020, betting that a then-in-administration Virgin Australia (VA, Brisbane International) would be liquidated and Rex would step into the breach. That bet was wrong. Virgin Australia was sold to Bain Capital, relaunched, and is prospering, while Rex administrator Ernst & Young is now hunting for a deep-pocketed buyer to recapitalise and reboot that carrier. In the interim, the jet operations are over, but Rex's Saab services continue to operate.

The in-service Saab fleet currently fly to four destinations from Perth, 13 destinations from Sydney Kingsford Smith, four from Adelaide, seven from Melbourne Tullamarine, thirteen from Brisbane International, seven from Townsville, and five from Cairns.