Rex Expanding Into Jets
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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.
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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& 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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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.
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.
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.
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
And didn’t make any mention of it in their actual announcement.....
Your ‘friend’ is full of it
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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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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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.....
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.....
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.
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.
I think you might be in for a surprise if you think AirNZ won’t 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....