The Australian Airline Pilot Academy is expected to sell for $17 million.A flight school owned by Rex Airlines in southern New South Wales has been offered for sale with an expected price of $17 million.
Administrators Ernst & Young have moved to sell the Regional Express-operated Australian Airline Pilot Academy in Wagga Wagga but declined to comment when approached by the ABC. "My understanding is that it will be rented back and will continue to run as a flight school," he said."It's part of the reason Rex started the academy."ABC Riverina: Victor PetrovicMr Palmer said he would do his "best with our clients to make sure" the facility remained a flight school.