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Old 1st August 2024 | 04:36
  #280 (permalink)  
ExtraShot
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Joined: Jul 2015
Posts: 300
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From: Lagrangian point 2
Originally Posted by MickG0105
For the record, I just tried to have the following posted as a comment on The Australian under their All options open for Rex but ALP wants say story;


REJECTED inside of a minute, something of a record I think.

Not 100% sure it will work but I think you need to remove accusations and the use of names… something like this (excuse the plagiarism);

It is probably high time for someone to focus on the management and board dysfunction at Rex that led to this corporate disaster. They came up with the highly risky idea of launching jet operations, that was then poorly planned, and executed.

Warning bells have been ringing for a year or more. Anyone who took the time to look at the details in Rex's financial reporting and do just a modicum of digging, could see a bad situation getting progressively worse.

Many of us remember that back in 2020, within just a few weeks of Virgin having entered administration, Rex management was quite happy to provide the media with it’s views on how poorly managed Virgin had been, and what a bad job administrators were doing. Any words of introspection or contrition now?
Remember the pronouncement, “There has never been a better time to launch a domestic airline.” Many of us do!

And doubtless, as Qantas plays its part in getting stranded Rex passengers to their destinations, there would be a few Qantas executives who remember Rex repeatedly and generally baselessly criticizing of Qantas; their June 2021 claim that "On face value Qantas is technically insolvent ... Its unencumbered cash is insufficient to refund the tickets that are eligible for a refund" certainly must be invoking thoughts of shoes and feet, of geese and ganders.

When are Rex management, and the rest of the Rex board, going to be held to account?

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