My point is 1 Australian aviation company can survive quite well without government support, even with sky high oil prices and the CEO of that company has made that statement number of times.
Given my research, I believe her ,but time will tell.
I look at what the aviation industry will be like in 5 years time ,but once in a lifetime events like 9-11, GFC and Covid have happened in the last 23 years.
It suits Qantas to have such a weak competitive landscape rather than being sole player in town.
Anyway, my research has been called rubbish on here ,and all good from my perspective.
As an aside, I looked at Rexs fleet and what struck me was age profile of the frames they owned.
Also their offices in Baxter Road resembled a shoebox.
That was enough for me not to invest in them.
Do not base anything I say as true-DYOR is key.
Have a great weekend fellow forum members.