Originally Posted by
tail wheel
Whatever REX air route you are thinking of may not be a subsidised route, but REX operates subsidised routes (for example in Western Queensland) and a number of unsubsidised regional and rural routes which are effectively sole carrier, essential air services to rural and remote destinations. There is obviously a minimum fleet utilisation to remain above break even (the Receivers are personally liable for any losses they generate) and the grant they have received meets that requirement.
Since I entered the Australian aviation industry over 50 years ago, Australia has lost air services to around 100 rural and remote destinations which were funded by RASS (Rural Air Services Scheme), Australia Post and State subsidised routes. I've lived in the bush, life can be tough without a scheduled air service. I do not want to see more rural air services lost.
The former I wholheartedly support. The latter may not be the case - Receivers (who are personally liable for the conduct of the business) don't remunerate ex Directors and seldom retain and remunerate executives who created the financial catastrophy.
So, are you saying Tailie that the REX CEO, and his executive team may be working gratis, as well as looking at no collection of entitlements at the end? If so, then we are surely talking about some other CEO!