That'll be one hell of a cost benefit analysis if anyone at Rex actually ever dares to do one
I would suspect if one added up a couple of years down the line how much money they will have spent on getting a few batches of beginners on line, they will find it was a very bad & expensive decision as they could have improved their skill base much quicker and cheaper by attracting and retaining experienced pilots with industry standard T's & C's! ..not to mention saving themselves a bundle in cost from planes sitting on the ground due to "poached" crews, and a massive headache from constantly trying to fight the windmills of supply and demand..
It'll be interesting to see whether they'll try to save face by hiding the losses in a "training division", or whether they'll just quietly shut the thing down in a couple of years..
I guess it's a question of mindset, and that is, as most will appreciate, the hardest to change, in this case it's probably a non-starter given the attitude of the top brass