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AAP
AAP
Business
Sam McKeith

Asset sale launched as administrators try to save Rex

Rex EY
Regional Rex flights have continued as the airline desperately seeks a buyer or financial lifeline. (Mick Tsikas/AAP PHOTOS)

Embattled regional airline Rex is looking to offload company land, buildings and aircraft spare parts as administrators work to keep the financially distressed carrier up in the air.

Professional services firm EY Australia has been called to salvage the five companies in the Rex Group since the airline grounded its Boeing 737 fleet on major metropolitan routes.

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