On 21 October 2025, a Sale and Implementation Deed to purchase Regional Express Holdings Limited (Rex) was entered into by US corporation Air T, Inc. (Air T) and the Rex Voluntary Administrators.    

The Australian Government welcomes these announcements, which mark a positive step towards bringing Rex out of voluntary administration.  

The Australian Government has also entered into an agreement with Air T in relation to restructuring Rex’s financing arrangements in connection with the acquisition.

This will allow Rex to keep flying and maintain critical aviation links for regional communities. 

As the sale process led by the Administrators is still underway, the Australian Government will not comment further at this time.