Established in 2003, Balonne Airwork is a pilot owned and operated aerial agricultural services business, with a strong reputation for delivering market leading services to large corporate, through to smaller family run farming enterprises.

A consortium of businessmen comprising a group of Singaporean investors and a collection of Australian private investors eventually reached an agreement with the two sets of administrators, the government, the unions and the staff to purchase the Hazelton and Kendell turbo-prop passenger airlines businesses, leading to the formation of Regional Express, more affectionately known as Rex.