Originally Posted by
ANstar
it is an $18.4m loss after tax so inline with what they predicted a few weeks ago.
No, that's the before tax loss. See the Investor Briefing at
https://cdn-api.markitdigital.com/ap...df02a206a39ff4
The more complete reports and accounts are on the ASX website as well.
I still haven't had time to go through them but the cursory look I did have, I couldn't see where they broke out the losses across the two segments of their RPT ops being the commuter operation and the B737 operation. They say nothing in the narrative so can't call it much of an Investor Briefing. In fact you could say it is misleading in the omission.
Charter and training held up well.
To give REX their due, given the times not a bad result irrespective of how they got there. You would have to worry once that government tap is turned off though and that can't be too far into the future.