ACCC: Air T purchase of Rex will 'preserve competitive tension'
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Background ✨
Air T Inc's acquisition of Rex Group was approved by creditors, with the transition of control expected before mid Dec-2025. The Australian Government endorsed Air T's bid, providing a support package including a loan of up to AUD60 million and restructuring of existing debt, in exchange for commitments to maintain regional connectivity and improve governance. This arrangement aimed to secure essential air services across Australia and return more aircraft to service1 2.