Originally Posted by
blubak
Lots of smart business facts in this post,many may not like how Rex have cried poor & now appear to be doing quite well but they are still going & now employing guys who otherwise would be on unemployment benefits.
Jetstar is propped up by its parent & creative accounting can produce results to suit the occasion so for me its a no brainer for Rex to move forward & make a success of it.
Again,the guys getting a pay cheque every week is who we should be happy for.
Spoke to a rex mate last week. Most saab guys are working conveniently under their respective jobkeeper thresholds while management are too busy staring at their shiny jet to see qlink eating into the market share.