Originally Posted by
430W
While I have always had concerns about the whole Sharp/ Rex relationship with government and have expressed my further concerns about the viability of the 737 ops, I would have to say that in my view they are not doing too bad. It would seem to have made sense to have limited aircraft and ops while the airports and staffing issues play out. (Not sure this was part of the great master plan though).
I am surprised at the loads they are carrying and would think they are in front of where they hoped to be. That said the other airlines have been too busy dealing with all the post Covid issues that have been presented to them to turn their full attention to Rex. That may yet come! While I haven''t flown on them, those I have spoken to that have, had nothing but good things to say as opposed to a lot of negative comments on the others.
Time will tell!
Not great, not terrible, to borrow a line.
Last week jet ops despatched 194 flights. Aggregate load factor for the week was 64 percent (SYD-MEL was 61.8 percent). Only 94 flights achieved 70+ percent loads. They almost certainly lost money for four days of the week, and made some money Friday through Sunday for a net loss for the week.
Notably, they operate fewer flights on two of the days they're making money. That raises the question as to where a 17 percent increase in capacity is going to fit into the picture.
The Flight Centre hook up seems to be having quite a positive outcome. Beyond that, to what extent they're currently pulling a Bradbury remains to be seen.
Time, as you have noted, will tell.