MINNEAPOLIS, MINNESOTA / ACCESS Newswire / November 11, 2025 / Air T, Inc. (NASDAQ:AIRT) is pleased to announce that a majority of Rex's creditors-both in number and in value-have voted in favor of our bid to acquire Rex at the second meeting of creditors held on 11 November 2025.

This strong endorsement reflects confidence in our vision for Rex and our commitment to regional aviation in Australia. We take our responsibilities under the proposed Deed of Company Arrangement seriously.

We understand the Administrators intend to close the transaction by year-end, and we are working closely with all parties to ensure a smooth and timely completion.

Air T is grateful for the support shown throughout this process and looks forward to finalizing the acquisition and beginning a new chapter fo

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