Regional airline Rex's sale to a US buyer has been ticked off, paving the way for new ownership to take over as soon as December.

More than a year after the cash-strapped carrier went into voluntary administration, creditors voted in favour of the airline's sale to American aviation investor Air T on Tuesday.

The embattled airline has been propped up the federal government since so its regional and remote routes could keep operating, the government having bought $50 million of Rex's debt while also lending it $80 million.

The administrators' announcement did not indicate what return creditors would receive from the sale, nor any return shareholders could expect to see from the sale.

Rex is no longer listed on the Australian Securities Exchange.

Creditors also voted to liquidate the ca

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