Rex Creditors Approve Air T Acquisition Deal

REX Saab 340

REX Saab 340

Credit: Rob Finlayson
Creditors of bankrupt Australian regional carrier Rex have voted to accept a takeover proposed by U.S. company Air T. Transition of operational control and legal ownership of Rex to Air T is expected before mid-December, Rex’s administrators said. The Australian government, which has helped support...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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