A US outfit has entered into a sales agreement to buy troubled regional airline Rex. Photo: Jane Dempster/AAP PHOTOS

Regional airline Rex has a US buyer, administrators have confirmed.

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The announcement on Tuesday evening comes more than a year after the airline entered voluntary administration.

Air T - which operates a number of aviation businesses in the US - has entered a sale and implementation deed with EY, the administrators of Rex.

Rex went into administration more than a year ago. (Jane Dempster/AAP PHOTOS)

"The sale and implementation deed is subject to customary conditio

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