Air Twill has successfully acquired Rex Airlines following a creditor vote, ensuring the continuation of vital regional aviation services in Australia.

Information on the Target

Rex Airlines, the regional airline operator in Australia, has recently secured a future following a vote by its creditors favoring a takeover by the U.S.-based Air Twill. The airline, known formally as Regional Express Holdings, faced significant financial instability, prompting administrators to seek a restructuring plan to keep operations viable.

The takeover, which is expected to be finalized before Christmas 2025, will allow Air Twill to take ownership under a binding Deed of Company Arrangement aimed at preserving essential regional aviation connectivity within Australia. This acquisition reflects a significant shift towards maintaining the critical transport services that Rex Airlines provides to many underserved regions.

Industry Overview in Australia

The aviation industry in Australia has experienced a tumultuous period, particularly for regional operators like Rex Airlines. The COVID-19 pandemic greatly impacted air travel demand and financial stability across the sector, leadin