Originally Posted by
Ken Borough
When will people realise that load factor is simply a measure of the seats occupied on departure? Nothing more, nothing less. What we don’t know is what Rex collected from these passengers, and that is probably a piece of information tightly held by Rex.
They are pretty much certainly running at a loss. But THAT is irrelevant unless you know whether they have budgeted to run at a loss as they build a fleet and penetrate the market. They seem to be basically sold out this weekend, so unless they were wildly optimistic regarding when they were going to turn a profit, things are probably going OK.