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Old 12th Jan 2010, 10:32
  #15 (permalink)  
Timber
 
Join Date: Aug 2002
Location: Australia
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HJ

Rex is a very profitable unit with a very low cost base. Partner is fine but VB didn't elect that route for VA either.

There is nothing wrong with the Saabs for the work they do.

It would be easy for Rex to get a high capacity AOC and thus the cost base for the "little" aircraft (E-jets) could be brought down in time.

Re the management I wasn't thinking of adding some of the Rex people but rather replacing some of the VB managers, so no duplication intended.

The future is further cost reductions. That would be the role of Rex for the V-group. Just like J* is the low cost arm of QF and eventually a new entity will become the low cost arm of J*. Lowering the cost base all the time... lower and lower.

A bit rough this .... sorry.
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