An entity owned and controlled by Toll Holdings Limited will pay approximately AUD47.1 million dollars (USD31.3 million) to buy aeromedical and charter operator Pel-Air Aviation (PFY, Sydney Kingsford Smith). The sale, previously flagged by ch-aviation, was confirmed in an October 24, 2024, Australian Stock Exchange filing.

Pel-Air is a sister carrier of Rex – Regional Express (ZL, Wagga Wagga) which is currently in administration and up for sale alongside other Regional Express Holdings units….

Source: ch aviation
Read more: Australia's Pel-Air sold to Toll Holdings