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Administrators sell more Rex - Regional Express assets

Summary by Ch-Aviation
The administrators of Rex - Regional Express (ZL, Wagga Wagga) have used proceeds from the sale of a B737 simulator and a Textron twin turboprop King Air 350C to repay the remaining debt owed to investment firm PAGAC Regulus Holding Pte. Ltd, according to a March 28, 2025, Australian Stock Exchange filing. The sale of the B737-700/B737-800 simulator together with the property that housed it near Sydney Kingsford Smith Airport raised USD3.83 mill…
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ch-aviation broke the news in on Tuesday, April 1, 2025.
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