Reducing operating loss by over $70mil per annum is nothing to be sneezed at, particularly when you consider
REX is a transitioning airline moving from purely regional to mainline jet ops with regional feed
Around double the revenue from 2022 to 2023
There is still coin available from PAG
Pilot drain and maintenance issues due to supply chain problems
Big picture dictates an operating loss of $32mil is not the end of the world
250 or so return trips sold per day will wipe this out rather quickly