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Rex Airlines rescue more a relief than cause for celebration

Elizabeth Knight Business columnist October 21, 2025 — 3.31pm

Our ailing regional airline Rex has seemingly got a buyer, and it’s a relatively unknown North Carolina-based company, Air T, whose business is mainly operating freight delivery services and trading aviation spare parts.

So good news for regional travellers and the Albanese government, but a rescue deal for Rex isn’t exactly a glamorous event. The government has kept Rex’s financial heart beating for almost a year. It had to because many of the airline’s customers don’t have many choices.

Air T Inc isn’t some high-profile commercial airline or even some big-brand private equity player that’s looking to revive Rex and

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