So REX has posted a loss which was always on the cards, remembering the REX jet shutdown, the false starts and 2021 boarder closures along with the attack by QF
So what changes for REX moving forward, a 50% increase in the REX jet fleet as QF/JQ cuts flights and increases fares by 20% with the aim of getting 95% loads LMFAO
Perhaps they could also exit Broken Hill, Orange, Cooma, Merimbula and a few others that the threw QLink onto to hurt REX, note that they waived the white flag at Mt Gambier and Albury to Melbourne
Any one know how much QF/JQ spent trying to eliminate REX ?
FFS QF/JQ would be better off getting their own product right as they are now just gifting passengers to REX
OTP. cancellations, lost baggage and falling staff morale are but a few of their issues
Jets today
328 SYD BNE 139 Y
348 SYD BNE 146 Y
202 MEL BNE 151 Y
258 MEL BNE 164 Y
616 MEL CBR 90 Y
658 MEL OOL 146 Y
437 MEL ADL 112 Y
489 MEL ADL 136 Y
018 MEL SYD 133 Y
042 MEL SYD 140 Y
132 MEL SYD 162 Y
152 MEL SYD 120 Y
182 MEL SYD 130 Y
540 SYD OOL 150 Y
Average 136.1 = 81% load
Last Friday was 128.3 = 76%
Jets trending up 5%