Australian Government welcomes Air T's prospective acquisition of Rex Airlines
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Background ✨
Air T Inc signed a sale and implementation deed with Rex Airlines' administrators, aiming to finalise the acquisition by end-2025, contingent on creditor and other approvals. The agreement included plans to restructure Rex's financing and fund its engine renewal programme to restore fleet operations, with a focus on sustaining and expanding the regional airline business and securing ongoing employment for Rex staff1.