PPRuNe Forums - View Single Post - REX to transition to ATRs, start domestic jet ops
Old 14th Mar 2021, 23:10
  #818 (permalink)  
MelbourneFlyer
 
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Well Scurrah reportedly landed a very good payout after being booted by Bain, contingent on him making a quiet and graceful exit, and apparently he's on a full year of gardening leave instead of six months, so by all accounts he's pretty set and in no rush to return, at least not to an airline. But I suspect that if he did return to Rex as MD or CEO then part of his plan would be to develop the airline to the point where it gets bought by Bain either in full or as an equity plat to become the new Virgin Regional, given that Virgin can't rely on Alliance with Qantas sandboxing ALliance's E190s and eager to increase its own 20% stage in Alliance to maybe full ownership. So maybe Scurrah would be okay to slum it on $200k if he was given an equity stake in Rex so that in the even of a Bain buyout he walks away with a lot more.
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