Air T, Inc. has received majority creditor approval to acquire Rex, reflecting confidence in Air T's vision and commitment to enhancing regional aviation in Australia.
Information on the Target
Air T, Inc. (NASDAQ: AIRT) has announced a significant step toward acquiring Rex, following a successful vote from the majority of Rex’s creditors on November 11, 2025. This endorsement, encompassing both the number and value of votes, highlights a strong confidence in Air T's vision for Rex and their dedication to the future of regional aviation in Australia. Air T is committed to fulfilling its responsibilities within the proposed Deed of Company Arrangement.
The acquisition is expected to be finalized by the end of the year, with Air T actively collaborating with all necessary parties to ensure a smooth and timely transaction. This acquisition could mark a transformative phase for Rex and further enhance the support provided to regional communities across Australia.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Australia
The Australian aviation industry plays a crucial role in connecting remote and urban areas, contributing significantly to the nation’s economy. Regional airlines, such as Rex, facilitate essential air travel services,
Similar Deals
Air T, Inc.
invested in
Rex
in 2025
in a Buyout deal