Originally Posted by
Icarus2001
The question is very to the point. In fact the whole point of any business.
Point being
Looking forward is important, not looking back
Why do you think they needed $150m to get up and running
Sure, they were trying to do a
VB when Ansett collapsed and had to reimagine what plan B was when VA was reborn
If VA failed that $150m would have gone a very different direction, towards funding a massive surge in growth, but that did not happen
So implement plan B
Slower growth, prove the point of reliability, honesty, service and price. Build that and they will come
Slowly they are coming....
Flyers will happen upon REX either at their price point or if QF/JQ and VA are booked out or if a flight get canned
But, do they come back?
Totally get that they are not selling out just yet and the corks are still in the champagne bottles
But, if I owned REX, I'd be relatively pleased with with the way things are trending
Again, October or November I predict 70% give or take
Remember Icarus, it's not all about how your loads are in the first few months, it's where they are long term and sustained
REX have always held their own against Link in the past on shared routes like ex SYD to Wagga, Dubbo, Albury, Armidale etc so I have never had any doubt that the would match it up on mainline