Originally Posted by
MickG0105
If Rex can't turn a profit under the current conditions, then there is something fundamentally wrong with their business model.
And ultimately this is the nuts and bolts of it all. I struggle to think of a more profitable time for airlines than right now. If Rex is still posting losses - something has to change.
Was this a case of Corporate Shiny Jet Syndrome where the eye of the Execs was firmly taken off the ball - where the core business wasn’t focussed on?
Or is there something fundamentally wrong with the core (Regional) business and the company will have to consolidate further and move to focussing even more on the jet / fifo market? Time will tell….