A majority of Rex's creditors have voted in favor of Air T, Inc.'s bid to acquire Rex, according to a company statement. The vote took place at the second meeting of creditors held on November 11, 2025, with both the number and value of supporting creditors indicating strong backing for the deal. Air T, Inc. expressed appreciation for the support and highlighted its commitment to regional aviation in Australia. The transaction is expected to be completed by year-end, as the company works closely with all parties to ensure a smooth transition.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Air T Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1100342) on November 11, 2025, and is solely responsible for the information contained therein.