Rex Buyer Found, but Far South Coast Councils May Lose Around $200k

Rex buyer found, but Far South Coast councils may lose around $200k

Rex Airlines owes $200k to Far South Coast councils, sale to US firm Air T unlikely to ensure repayment.

Statement on Air T intention to purchase Rex: King I Australian Rural & Regional News

The Hon Catherine King, Minister for Infrastructure, Transport, Regional Development and Local Government, Media Release, 21 October 2025 On 21 October 2025, a Sale and Implementation Deed to purchase Regional Express Holdings Limited (Rex) was entered into by US corporation Air T, Inc. (Air T) and the Rex Voluntary Administrators.     The Australian Government welcomes these announcements, which mark a positive step towards bringing Rex out of …

US-based Air T to acquire regional carrier Rex Airlines

Save (0) Please login to bookmarkClose Username or Email Address Password Remember Me The administrators of struggling regional airline Rex have entered into a sale agreement with NASDAQ-listed aviation holding company Air T, with the federal government stepping in to facilitate the sale. Subscribe to Lawyerly to access this article.Already a subscriber? Username or Email Address Password Remember Me Lost yo…

US aviation group Air T to complete buyout of Australian carrier Rex Airlines

Australian regional airline Rex Airlines, formerly known as Regional Express, is set to leave administration and avoid a government takeover after being sold to a US-based aviation group. The airline entered administration in June 2024 after a disastrous foray into operating a fleet of ten Boeing 737-800s on Australian trunk routes to compete with the likes of Qantas and Virgin Australia. The airline’s administrator, EY Australia, announced on O…