Rex gets lifeline as buyer steps in

A buyer has stepped in to offer Rex a lifeline in regional Australia. Picture: File
Allan Murphy

THE future of regional airline Rex appears assured after US-based air operator Air T entered a sale and implementation deed with administrators. Regional Express Holdings Limited administrators Ernst & Young has entered into a sale and implementation deed with Air T, having considered a “number” of offers, which will result in the sale and recapitalisation […]

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