Originally Posted by
Lookleft
So the upshot of all this discussion is that if the Rex Jet experiment loses more money than the jet and turboprop operation can cover then the whole Rex operation gets shutdown.
No, a shut-down (bankruptcy or administration) this year would be unlikely. Short of an astounding turnaround or some fancy accounting they'll likely post a loss this financial year. Wouldn't be the first time an airline’s been run at a loss. That will mean tapping further into that PAG money and/or their own reserves.
The bottom-line result for this FY will drive what happens next, we won't find out what that is till late August/early September.