An American firm may be poised to buy Rex and finally end its administration, according to reports. Access to our Behind the Lens photo galleries and other exclusive contentAccess to In Focus reports every month on our websiteAccess to our Behind the Lens photo galleries and other exclusive contentAccess to In Focus reports every month on our websiteAccess to In Focus reports every month on our websiteTo unlock all Australian Aviation magazine content and again unlimited access to our daily news and features, become a member today! A deal – which the Financial Review said could be signed as soon as Monday – would see Rex return to commercial hands and avoid nationalisation. While the lawsuit by Jet Midwest, filed post-administration, has been dismissed, the Financial Review speculated that this was where Rex had first entered Air T’s radar. EY Australia was earlier this year given until 5 December to wrap up the second sale process, which was slated to end on 30 June.