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Rex Expanding Into Jets

Old 13th May 2020, 05:30
  #101 (permalink)  
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Shares are out of trading halt, and up 30% for the day.

Proposed starting date for jets if it proceeds is March 2021.

She is all go at Rex, NSW Air Ambulance contract, still running regional services and now possibility of jets in the equation.

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Old 13th May 2020, 05:52
  #102 (permalink)  
 
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Originally Posted by Stationair8 View Post
Shares are out of trading halt, and up 30% for the day.

Proposed starting date for jets if it proceeds is March 2021.

She is all go at Rex, NSW Air Ambulance contract, still running regional services and now possibility of jets in the equation.
& if V2 doesn't happen, that March date could become September ? using VA aircraft on very cheap leases, with VA crews/staff.
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Old 13th May 2020, 05:57
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September would be tight even with CASA assistance to get the jets on the AOC.
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Old 13th May 2020, 06:03
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Originally Posted by Pundit View Post
There is a market, there are plenty of narrow body VH registered jets available, and there are plenty of well qualified pilots packing shelves. JQ took in instant captains when they converted to A320's. If you want a place in the future, forget old fashioned contacts and seniority rules.

Rex whatever it is called, will happen by this time next year. And looking at the performance of the VA Administrator, I think the market will be QF, ANZ, JQ and RexNeo.

Intra Australia travel and tourism will happen and it will expand to the NZ, Singapore, Korea, Japan bubble fairly quickly.
agree with above, but not ANZ. JQ for leisure market, but if Rex has lower costs, they could do an Air NZ & be both full service & low cost.

Don't know why Rex would want to go outside of golden triangle Mon-Fri peak hour, except maybe to PER & then ADL after golden triangle bedded down & they then need more aircraft.

To do triangle & to make money need frequency in peak hour Mon-Fri. Aircraft could do other flights during middle of the day, on Saturdays & Sunday am, but as Neeleman said recently re breeze, if the aircraft are incredibly cheap, don't need to fly them hard. Allegiant bought their initial MD80s for about USD$1m apparently, spent SFA on them & parked them at quiet times of week rather than try & give away seats. (they did fly a lot of flying for the vegas casinos who think subsidised the flights into Vegas from 1 horse towns, no one had ever heard of, so the casinos "trapped" punters at Vegas for a week, as only 1 flight a week) Cheap flight, cheap hotel & made big dollars out of casino.
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Old 13th May 2020, 06:18
  #105 (permalink)  
 
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Originally Posted by galdian View Post
Nah - "Sikkem Rex" would bring back memories for connoisseurs of tasteful ladies underwear ads from years ago!

Cheers
Glad Iím not the only one with the slightly twisted mind!
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Old 13th May 2020, 07:23
  #106 (permalink)  
 
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REXJET, coming to a city near you!
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Old 13th May 2020, 07:32
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I have a contact who says that Rex already has a lease on ten B737s lined up, they're now just waiting for the money and then will push ahead with necessary approvals.
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Old 13th May 2020, 07:38
  #108 (permalink)  
 
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So they did that before making announcements to the market? Really.....
And didn’t make any mention of it in their actual announcement.....
Your ‘friend’ is full of it
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Old 13th May 2020, 07:39
  #109 (permalink)  
 
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REX, the next virus to affect aviation in Australia!

SN
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Old 13th May 2020, 07:56
  #110 (permalink)  
 
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Originally Posted by MelbourneFlyer View Post
I have a contact who says that Rex already has a lease on ten B737s lined up, they're now just waiting for the money and then will push ahead with necessary approvals.
They donít have anything then.
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Old 13th May 2020, 08:34
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Originally Posted by BNEA320/TT738/MelbourneFlyer View Post
I have a contact who says that Rex already has a lease on ten B737s lined up, they're now just waiting for the money and then will push ahead with necessary approvals.
Oh dear...
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Old 13th May 2020, 08:37
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Originally Posted by DanV2 View Post
Oh dear...
I didn't post this & have no idea who tt738 or mel flyer are
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Old 13th May 2020, 08:48
  #113 (permalink)  
 
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Well that was a quick thought bubble from Rex....and now they have made enemies in the Federal and Queensland State governments, Its been a big couple of days. Might need to raise all that money now for their own survival rather than big toys,
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Old 13th May 2020, 08:53
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Originally Posted by ozbiggles View Post
Well that was a quick thought bubble from Rex....and now they have made enemies in the Federal and Queensland State governments, Its been a big couple of days. Might need to raise all that money now for their own survival rather than big toys,
With QLD looking to own their own peice of aviation what does that mean for JQ, QF Alliance hevilift etc, will VA get all the charters and concessions QLD. Like someone posted in another thread about Qantas, I hope the ACCC are watching this with a magnifying glass.
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Old 13th May 2020, 08:56
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You mean instead of Qantas getting all the government contracts and travel? A lot of pollies will have to cash in their Qantas points now
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Old 13th May 2020, 09:02
  #116 (permalink)  
 
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Name change needed? Metropolitan Express.
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Old 13th May 2020, 09:07
  #117 (permalink)  
 
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Originally Posted by ozbiggles View Post
You mean instead of Qantas getting all the government contracts and travel? A lot of pollies will have to cash in their Qantas points now
If you read what I posted, I meant a few other airlines also. I wonder how QLD public feel about the state Gov doing this also.
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Old 13th May 2020, 09:17
  #118 (permalink)  
 
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Doesn’t matter what the Queensland people think, the politicians already have their money!
I think Alliance will do alright, might have to get rid of one pesky share holder. Heavilft in a different market, JQ will be fine as long as QF foot the bill. Rex on the other hand.....
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Old 13th May 2020, 09:21
  #119 (permalink)  
 
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Originally Posted by Ragnor View Post
With QLD looking to own their own peice of aviation what does that mean for JQ, QF Alliance hevilift etc, will VA get all the charters and concessions QLD. Like someone posted in another thread about Qantas, I hope the ACCC are watching this with a magnifying glass.
says the QF employee who has stated heís happy for qantas to get government assistance even though virgin didnít

Originally Posted by Ragnor View Post
Not really, Virgin is a loss making business, Qantas makes money I wouldn't have a problem the government loaning money to QF. After all it is making a profit and they could pay it back.

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Old 13th May 2020, 09:22
  #120 (permalink)  
 
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Originally Posted by BNEA320 View Post
agree with above, but not ANZ. JQ for leisure market, but if Rex has lower costs, they could do an Air NZ & be both full service & low cost.

Don't know why Rex would want to go outside of golden triangle Mon-Fri peak hour, except maybe to PER & then ADL after golden triangle bedded down & they then need more aircraft.

To do triangle & to make money need frequency in peak hour Mon-Fri. Aircraft could do other flights during middle of the day, on Saturdays & Sunday am, but as Neeleman said recently re breeze, if the aircraft are incredibly cheap, don't need to fly them hard. Allegiant bought their initial MD80s for about USD$1m apparently, spent SFA on them & parked them at quiet times of week rather than try & give away seats. (they did fly a lot of flying for the vegas casinos who think subsidised the flights into Vegas from 1 horse towns, no one had ever heard of, so the casinos "trapped" punters at Vegas for a week, as only 1 flight a week) Cheap flight, cheap hotel & made big dollars out of casino.
Based on the conversations that the NZ unions and CEO have had over live streams and emails...

I think you might be in for a surprise if you think AirNZ wonít push out into Australia, in a situation where there is demand in the AU market and NZ has surplus aircraft and staff.

They currently operate to eight destinations and have lounge agreements, ground agents and service contracts in SYD MEL BNE OOL MCY CNS ADL PER....
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