Rex have acknowledged there will be losses initially. Such is life for ANY new business. No one can expect 100% load factors in their first weeks of operation.
Looking at the bigger picture, early signs are positive for an overall success of the operation.
The $150 million investment is intended to absorb these losses. Anyone who thinks that is where PAG will end their relationship with Rex is kidding themselves.
There are lots of naysayers on here which is quite sad given a lot of people at Rex are likely your ex-colleagues or someone you know. Regardless of Rex’s domestic success, they won’t be taking your job away. At the end of the day, this is a rumour network and pilots think they are experts at running businesses