Air T Closes Acquisition Of Australia’s Rex, Eyes Growth

Rex Saab 340
Credit: Rex
Minneapolis-based aviation holding company Air T has closed its acquisition of bankrupt Australian regional carrier Rex. Air T said that, going forward, Rex will be focused on growth. The new owner intends to restore all 47 of Rex’s Saab 340s to service, rebuild its full network of regional routes...
Christine Boynton

Christine Boynton is a Senior Editor covering air transport in the Americas for Aviation Week Network.

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