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Old 30th July 2024 | 02:47
  #116 (permalink)  
Saintly
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Joined: Nov 2010
Posts: 258
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From: Perth
Delloitte was bought in to look at their books. They probably haven't been making a profit for a while. But yeah I reckon strip the fleet right back...out go the 737s and keep the Saab's. Rex hedged their bets, they assumed VA would go under and Rex would step in and do well with the 737s....VA survived and Rex haven't been able to compete on domestic market against QF, VA & JQ. Time Rex went back to solely being a regional airline, that was their niche, that's what worked for them for so long.
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