Who is going to bankroll all this expansion? On the NJE side the Chair appears to have stumped up the funds as the Rex group has no financial ability. On the Rex front, according to the latest report, they have exhausted half the PAG loan. Now that was nearly 4 months ago. Any 20-30 aircraft plans will need to result in a takeover or significant injection from someone. The kitty will likely be exhausted by the time the next two 737s arrive and enter service late next year.
I think some of you underestimate the funds required to get to a 20-30 aircraft operation. Rex just don't have the cash.