Originally Posted by
SHVC
Judging by the disrepair of their SAAB fleet, REX needs to make a decision on where they want to be as a company. Spend on fleet renewal or stick with the jets they don’t have the funds for both.
I don't believe they can finance a fleet renewal regardless, running some basic rough numbers. They will need to a new buyer to inject some cash. Perhaps that is what they are doing. Building the business up, FIFO and Jets, then try and get a partial buyer.