Putting aside all the corporate skullduggery and general maleficence with regard to their obligations to the market and the regulator, the statement by Lim describing Domestic sales as "disappointing and bewilderingly bad", shows just how delusional they were to the viability of the Jet operation. Any Jet operation!
To be clear, this is not a case of wise in hindsight. All but the most inward looking narcissistic and Hubris afflicted management would have been able to see that this little adventure was doomed from the start. For God's sake, the very case they pitched to the ASX for launching a domestic jet operation had evaporated some 3 months before REX were obliged to commit. That being the saving of Virgin Australia by Bain.
They were not only allegedly dishonest, but breathtakingly stupid!