{"id":277024,"date":"2025-11-11T06:07:07","date_gmt":"2025-11-11T06:07:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/277024\/"},"modified":"2025-11-11T06:07:07","modified_gmt":"2025-11-11T06:07:07","slug":"rex-airlines-saved-as-creditors-vote-for-air-t-takeover","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/277024\/","title":{"rendered":"Rex Airlines saved as creditors vote for Air T takeover"},"content":{"rendered":"<p class=\"paragraph_paragraph__iYReA\">US-based Air T will become the new owner of Regional Express Holdings (Rex) after creditors voted in favour of a deed of company arrangement to keep the airline&#8217;s regional operations in the air.\u00a0<\/p>\n<p class=\"paragraph_paragraph__iYReA\">Creditors met via videolink this afternoon and voted in favour of the deal, which is expected to see Air T take ownership before Christmas.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">Rex was placed into voluntary administration in July 2024, after acquiring $50 million in debt from its largest creditor at the time, PAG.<\/p>\n<p>Loading<\/p>\n","protected":false},"excerpt":{"rendered":"US-based Air T will become the new owner of Regional Express Holdings (Rex) after creditors voted in favour&hellip;\n","protected":false},"author":2,"featured_media":229500,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[138600,64,63,99,160656,160655,98890,160657,160654],"class_list":{"0":"post-277024","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-air-t","9":"tag-au","10":"tag-australia","11":"tag-business","12":"tag-regional-airline-australia","13":"tag-regional-express-holdings","14":"tag-rex-airlines","15":"tag-rex-creditors-meeting","16":"tag-rex-saved"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/277024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=277024"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/277024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/229500"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=277024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=277024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=277024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}