REX to transition to ATRs, start domestic jet ops
Rex signing a deal with multiple travel agency’s. A 10 yr deal with flight centre ensuring Rex will be flight centers partner of choice. Surely this should prop up the 73 loads, Rex seem confident it will anyway. .
“The agreements are expected to result in a more than doubling of Rex’s annual domestic jet revenues in FY2023 compared to its current annualized domestic jet revenues with no increase in fleet size. Revenue on its regional revenue is also expected to be improved”.
“The agreements are expected to result in a more than doubling of Rex’s annual domestic jet revenues in FY2023 compared to its current annualized domestic jet revenues with no increase in fleet size. Revenue on its regional revenue is also expected to be improved”.
Does this also seem to suggest that Rex’s 737 fleet is unlikely to grow significantly now?
Finally they are getting their ducks in a row. QF has infuriated enough people to fill every Rex jet. If Rex can deliver an actual premium product they can secure real market share. Earlier in this thread I scoffed at Rex's chances, but I wasn’t expecting such wholesale incompetence from Qantas.
Does anyone have any idea on the stats of people who would be booking domestic flights with a travel agent? As a percentage of total bookings, it’s hard thinking that the number would be too high.
The other issue with the travel agents using Rex is their quite limited schedule and network.
And whilst QFs current treatment of customers really is missing the mark - it’s unlikely that this will be the case over the medium term. Qantas has significant brand loyalty (ask VA and JB) and frequent flyer program not matched by any of its competitors.
The other issue with the travel agents using Rex is their quite limited schedule and network.
And whilst QFs current treatment of customers really is missing the mark - it’s unlikely that this will be the case over the medium term. Qantas has significant brand loyalty (ask VA and JB) and frequent flyer program not matched by any of its competitors.
Doubling the revenue? What from 30 to 60 bodies. What about the other 120?
I wouldn’t get too excited.
I wouldn’t get too excited.
short flights long nights
Finally they are getting their ducks in a row. QF has infuriated enough people to fill every Rex jet. If Rex can deliver an actual premium product they can secure real market share. Earlier in this thread I scoffed at Rex's chances, but I wasn’t expecting such wholesale incompetence from Qantas.
Rex are not going to double pax bookings off the back of the agency deal - that's pie in sky. Notably the announcement did nothing to their share price.
Last edited by MickG0105; 25th Jun 2022 at 05:42. Reason: Added context
Pre-pandemic, around 10 percent of domestic bookings went through agents. Apparently that increased during the pandemic but the data underpinning that is scrappy, based on reported intentions rather than actual booking numbers. It wouldn't be a significant percentage.
Rex are not going to double pax bookings off the back of the agency deal - that's pie in sky. Notably the announcement did nothing to their share price.
Rex are not going to double pax bookings off the back of the agency deal - that's pie in sky. Notably the announcement did nothing to their share price.
Well maybe they will manage to double their bookings. As someone mentioned that will still leave 66% of the plane empty. I thought that Flight Centre did a lot of bookings pre covid. I think people would be more likely to book overseas trips with them and may get sold Rex connections as a result. Still no Rex advertising though.
You know they are a business with no idea, when after 3pm today, all Jets bar one are parked and finished for the day. The one day you can charge whatever the hell you want for a seat and people will buy. Passengers would sell one's soul to get a seat this weekend. Gold Coast and Cairns no seats until mid next week on some routes.
Heck you could make a business this weekend just off picking up cancelled pax from the others!
Heck you could make a business this weekend just off picking up cancelled pax from the others!
All players full today including Rex. I heard some flying via NZ to get to a domestic location this weekend, indicates how tight seats are this school holidays kickoff.
When you live....
Well maybe they will manage to double their bookings. As someone mentioned that will still leave 66% of the plane empty. I thought that Flight Centre did a lot of bookings pre covid. I think people would be more likely to book overseas trips with them and may get sold Rex connections as a result. Still no Rex advertising though.
Rex runs just four flights a weekday between Sydney and Melbourne; the first doesn't depart until 7am, the next is at 10am then a seven hour hiatus till the 5pm then the last at 8pm. They're not going to be picking up corporate travellers with a threadbare schedule like that.
Good luck to the Saab drivers tomorrow.
Just looking through some curfew dispensation reports, noticed a couple of REX flights
27 Feb ZL390 SYD-BNE 156 on board
18 March ZL6437 MEL-SYD 147 on board
18 March ZL6437 Coffs-SYD 27 on board SAAB
These don't reflect the single digit to low double digit loads being touted about on here, yes it's just 2 flights, but from what's being posted regularly you would be under the impression that REX are struggling to get to 1/4 full on every flight
https://www.infrastructure.gov.au/si...ort_3_2022.pdf
27 Feb ZL390 SYD-BNE 156 on board
18 March ZL6437 MEL-SYD 147 on board
18 March ZL6437 Coffs-SYD 27 on board SAAB
These don't reflect the single digit to low double digit loads being touted about on here, yes it's just 2 flights, but from what's being posted regularly you would be under the impression that REX are struggling to get to 1/4 full on every flight
https://www.infrastructure.gov.au/si...ort_3_2022.pdf
Just looking through some curfew dispensation reports, noticed a couple of REX flights
27 Feb ZL390 SYD-BNE 156 on board
18 March ZL6437 MEL-SYD 147 on board
18 March ZL6437 Coffs-SYD 27 on board SAAB
These don't reflect the single digit to low double digit loads being touted about on here, yes it's just 2 flights, but from what's being posted regularly you would be under the impression that REX are struggling to get to 1/4 full on every flight
https://www.infrastructure.gov.au/si...ort_3_2022.pdf
27 Feb ZL390 SYD-BNE 156 on board
18 March ZL6437 MEL-SYD 147 on board
18 March ZL6437 Coffs-SYD 27 on board SAAB
These don't reflect the single digit to low double digit loads being touted about on here, yes it's just 2 flights, but from what's being posted regularly you would be under the impression that REX are struggling to get to 1/4 full on every flight
https://www.infrastructure.gov.au/si...ort_3_2022.pdf
Given they have a decent product on proven markets against competitors who are pizzing their customers off, they've got a shot.