Air T Welcomes Creditor Support for Rex Acquisition

Amount owed to Wagga council revealed as Rex creditors approve airline's sale

American firm Air T takes over Rex Airlines, including pilot academy, ensuring regional routes and reviving operations in Wagga.

Air T Welcomes Creditor Support for Rex Acquisition

MINNEAPOLIS, MINNESOTA / ACCESS Newswire / November 11, 2025 / Air T, Inc. (NASDAQ:AIRT) is pleased to announce that a majority of Rex's creditors-both in number and in value-have voted in favor of our bid to acquire Rex at the…

Rex's sale to US aviation business cleared for take-off

An American aviation investor will take over Rex after creditors backed in its proposal to buy the regional...

US aviation giant gets green light to take over collapsed Aussie airline

An American company's bid to take over collapsed airline Rex has been given the green light by the latter's creditors.The move paves the way for Rex to be operating under new ownership before Christmas, secures a $60 million loan from the federal government, and also officially ends its ill-fated attempt to compete with Qantas, Jetstar and Virgin on routes between capital cities.Rex's administrators announced this afternoon that the company's cr…

Breaking: Rex saved as creditors vote for Air T takeover

US-based Air T will become the new owner of Regional Express Holdings (Rex) after creditors voted in favour of a deal to keep the airline's regional operations in the air.

Rex sale: how American buyout could be a relief for Leeton shire flyers

Rex Airlines creditors approve Air T buyout, securing regional services across 54 Australian airports with government-backed relief package.