PPRuNe Forums - View Single Post - REX to transition to ATRs, start domestic jet ops
Old 1st Nov 2023, 19:21
  #2654 (permalink)  
PoppaJo
 
Join Date: Feb 2011
Location: Oz
Age: 68
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Originally Posted by Icarus2001
Is it possible their existence is threatened?
PAG will shortly have a 48% stake and two board seats. I would assume that stake will increase as they will need more cash from around 2025 onwards.

The question is what do they want to to do with the Saab operation. Throw cash at it or reduce it significantly. I don’t think they planned on this Saab distraction when they signed the deal, it was all about 737s, and ridiculous financial projections from the operator.
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