Given the NSW regional network is the vast majority of Rex's Australia wide operation, I fail to see how 80% is the jet operation like a few of you are suggesting. No, Rex cannot draw down on the PAG cash for the turboprop operation. Besides, the jets don't need support. There's still over $100 million readily available to Rex for 737 purposes ONLY.
This lockdown is affecting the Saab pilots the most. The 737 is still operating, and so are the crew, albeit the Gold Coast / Melbourne route ex Sydney is reduced. In fact, the Saab NSW network consists over 1/3 of the total Rex pilot base (currently. Should be more) and close to 70% of total flights in pre-COVID times.
What is often forgotten about, both internally and by everyone in this thread, is the turboprop pilots. Those guys/girls are the ones supporting the business and have done so throughout COVID. Now they're also fighting to get money owed to them by Rex from 2018 and onwards while worried about whether they'll be stood down without pay again. Rex 737 pilots have been on full pay from the beginning, even for months whilst JobKeeper was being paid to the Saab pilots.