Originally Posted by
KRUSTY 34
Does anyone here actually trust politicians? No, thought not.
Once the election is done we may see a change in attitude towards REX, despite whoever wins. The complexities of saving a heavily foreign owned and controlled regional airline as opposed to letting “nature take its course” will probably be the deciding factor.
Bonza, Tiger, VA, Ansett! And yet REX is somehow different!
I don't know, any government could see it as a case of the simplest option being to buy the majority of it and run it themselves. I agree they should stay out of it, but they went in and spent many tens of billions on the NBN which was primarily to bring consistent broadband to the regions.
A few hundred million to buy out Rex and pay a few people who "kind of" know what they're doing to run it could seem like the easiest way to make the problem go away. Then when they've spent money on it, renewed the fleet etc and have it running at a profit (even with subsidies on certain routes) flog it off to become privately owned once again (with X years of subsidies guaranteed for Y routes etc).
Just a thought...