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Old 27th May 2008, 21:58
  #23 (permalink)  
KRUSTY 34
 
Join Date: Jan 2006
Location: Sydney Australia
Posts: 2,306
Received 9 Likes on 4 Posts
"That said, the market is focusing on short term factors, such as pilot shortages, and this has weighed heavily on the share price."


Typical beancounter analysis (my bolding and underline). All very accurate numbers wise, but completely missing the point.

The pilot shortage is not short term, and it is global. If Mr market guru had bothered to research that, then he/she may have a slightly different outlook regarding REX's long term viability. When the last of REX's experienced Captains walks out the door to the opposition, I can just hear the surprised gasps. "How the hell did that happen?"

Gidday Gavin. Hope you application is going well. Out of interest how many hours total aeronautical experience do you have? Genuine reason for me asking.
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