Gidday Tid'.
I was perhaps being a little too subtle. The level of damage (IMHO)
will depend on factors beyond REX management's control, because, as you have rightly said, REX will choose
not to excercise control of their own.
This will leave external factors (beyond REX's control) such as the level of recruitment by other airlines, and the Global and local financial situation etc..., to determine the end result.
They did it last time, and I reckon they'll take the punt again this time. Hell of a way to run a business!