Associate professor Andrew Kornberg has already raised more than $2 million of his $4.5 million target and undertook the flight in his own single-engine plane.
The Australian Financial Review has reported Anchorage Capital Advisors, which has in the past recapitalised businesses such as Slater & Gordon and Alinta Energy, was among the firms that bid on Rex before binding offers closed last week.
Warbirds, classic aircraft, museum and airshow news. This month, Restored DC-3 Dakota sees a revamp in regional NSW and WII-era P-40 Kittyhawk unveiled