Interesting article about load factors with Rex’s apparent break even load factor 80%….
https://www.smh.com.au/business/comp...sYYRL10zQApANo
Qantas’ two brands can fly profitably with the fewest passengers on board, he estimated, with Jetstar needing to fill only 43 per cent of seats to break-even, and the red-tailed Qantas aircraft needing to fill 55 per cent.
In contrast, he estimated that Virgin’s break-even “load factor” was 76 per cent while Rex – which last year launched jet services between capital cities to compete directly with Qantas and Virgin - needs to fill 80 per cent of seats. Rex deputy chairman John Sharp said this estimate was “wrong by a wide margin” but would not provide the accurate figure.