Regional airline Rex has a US buyer, administrators have confirmed.
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.
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“The sale and implementation deed is subject to customary conditions precedent for a transaction of this type, including receipt of regulatory approvals and approval by creditors,” the administrators’…