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Rex has officially left voluntary administration, with US firm Air T taking full control of the airline.

In a letter to creditors seen by Australian Aviation, administrator EY Australia confirmed that the deed of company arrangement (DOCA) implemented last month is now complete, and all shares in the Rex Group have been handed over to Air T.

The debts of the company owned and liquidated by the former top aide to Auckland Mayor Wayne Brown have grown to nearly three quarters of a million dollars.

Jazz Singh, Brown’s chief of staff, left the mayoral office after Newsroom revealed in July that he had put his own property company into liquidation, owing Inland Revenue $559,000.

Singh had not told his employer about the liquidation of his Traxx Investments Limited.

An updated December report by liquidator KhovJones, shows a trade creditor is claiming $71,000, and IRD has added $55,533 in interest and penalties, taking the total to $736,366.

The report shows Singh has contributed $11,500 as a “shareholder advance” to the liquidation, leaving $3500 cash…

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