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Creditors approve sale of Rex Airlines
November 12th 2025
Creditors of collapsed Australian carrier, Rex Airlines, have voted in favour of U.S.-headquartered Air T purchasing the airline out of voluntary administration via a deed of company arrangement. Read More » The formal transfer of the airline, as well as the Australian Airline Pilots Academy (AAPA) and Australian Aero Propeller Maintenance (AAPM), to Air T was expected to be completed before the end of the year, administrators EY-Parthenon said. The Australian government, which provided financial support to the airline while it was in voluntary administration, welcomed the creditors’ support for the Air T acquisition. "Air T’s bid was endorsed by the government and includes a support package comprising a loan of up to A$60 million (US$39 million) and a restructuring of existing Australian government debt," Australia’s Minister for Infrastructure, Transport, Regional Development and Local Government, Catherine King, said. "In exchange for this support, Air T has agreed to a range of commitments aimed at preserving essential regional aviation connectivity and improving Rex’s governance arrangements. The government thanks the administrators and Rex for working throughout the administration period to keep Rex flying and maintain critical aviation links for our regional communities."
