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REX to transition to ATRs, start domestic jet ops

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REX to transition to ATRs, start domestic jet ops

Old 16th Sep 2023, 08:31
  #2501 (permalink)  
 
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What's Rex charging Carlton supporters to get to Brisbane this weekend?
…..and Brisbane supporters to get to Melbourne for the Granny the week after?
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Old 16th Sep 2023, 08:54
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Originally Posted by PoppaJo
Someone told me this week the next 737 will be named after John Sharp including the rego?

Please tell me that was just a joke?
Some one tod me REX wants to offload up to 30 SAABs and is looking to Q400s firstly for NJE and they will do some REX fill in flying and then as a SAAB replacement especially where QF are on the same routes and there is no security screening
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Old 16th Sep 2023, 09:20
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Originally Posted by C441
What's Rex charging Carlton supporters to get to Brisbane this weekend?
…..and Brisbane supporters to get to Melbourne for the Granny the week after?
I think Blues fans will fork out $1300 return.

Once in a generation event for those fans.
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Old 16th Sep 2023, 10:37
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Originally Posted by Deano969
Some one tod me REX wants to offload up to 30 SAABs and is looking to Q400s firstly for NJE and they will do some REX fill in flying and then as a SAAB replacement especially where QF are on the same routes and there is no security screening
Selling 30 saabs wont even offset their 30m loss. Whos paying for the q400s?
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Old 16th Sep 2023, 11:56
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Originally Posted by PoppaJo
Someone told me this week the next 737 will be named after John Sharp including the rego?

Please tell me that was just a joke?
Well, the last one was regoed 8KH...
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Old 16th Sep 2023, 23:48
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Originally Posted by PoppaJo
Someone told me this week the next 737 will be named after John Sharp including the rego?

Please tell me that was just a joke?
I can only get that to work by using a mathematical symbol; VH-B2√

Originally Posted by C441
What's Rex charging Carlton supporters to get to Brisbane this weekend?
…..and Brisbane supporters to get to Melbourne for the Granny the week after?
Looks like Rex have put on all of one extra MEL-BNE return flight on the Friday and one extra BNE-MEL return on the Sunday for next weekend.
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Old 17th Sep 2023, 00:52
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Not that easy putting on extra flights short notice when you have a limited fleet size and availability.

Has Bonza put on Sunny Coast to Melb?

A great opportunity to cash in but ya gotta have the availability and protect your current schedule.
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Old 17th Sep 2023, 01:36
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Looks like Rex have put on all of one extra MEL-BNE return flight on the Friday and one extra BNE-MEL return on the Sunday for next weekend.
Not sure how an airline suddenly 'puts on' an extra flight at two weeks notice, when they have only a few planes and fixed rosters for staff. Maybe Sharpie will fly it himself.

Some one tod me REX wants to offload up to 30 SAABs and is looking to Q400s firstly for NJE and they will do some REX fill in flying and then as a SAAB replacement especially where QF are on the same routes and there is no security screening
Is it the same person telling you Rex is getting 777s? A few more Q400s for NJE sounds plausible, replacing the rest of the SAAB fleet with Q400s, a fairy tale of epic proportions... decent used Q400s are in the region of $10 USD-$20 USD million a piece, and leasing them will reflect that. Given a SAAB 340 is probably worth less than a million USD for a good one it's not going to be a good swap rate for something that only carries double the SAAB at much greater cost factor. It would make more economic sense for Rex to buy/lease new ATRs than go used Q400s, but even that will involve a lot of capital.
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Old 17th Sep 2023, 02:21
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Originally Posted by 43Inches
Not sure how an airline suddenly 'puts on' an extra flight at two weeks notice, when they have only a few planes and fixed rosters for staff. Maybe Sharpie will fly it himself.



Is it the same person telling you Rex is getting 777s? A few more Q400s for NJE sounds plausible, replacing the rest of the SAAB fleet with Q400s, a fairy tale of epic proportions... decent used Q400s are in the region of $10 USD-$20 USD million a piece, and leasing them will reflect that. Given a SAAB 340 is probably worth less than a million USD for a good one it's not going to be a good swap rate for something that only carries double the SAAB at much greater cost factor. It would make more economic sense for Rex to buy/lease new ATRs than go used Q400s, but even that will involve a lot of capital.
They won't be getting ATRs...
They won't be getting new birds
The Q400s will help standardise the fleet and REX will only buy 10-20 year old frames

Make no mistake ZL and VA are both in talks with QR, but QR still believe they will get extra flights and the SYD-CBR tag is still a viable option
That said VA is the preferred option although ZL is both cheaper and has more growth potential domestically and a larger potential ROI
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Old 17th Sep 2023, 02:42
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Originally Posted by Deano969
The Q400s will help standardise the fleet and REX will only buy 10-20 year old frames
……SYD-CBR tag is still a viable option
Q400s may standardise the fleet but they won’t work on most Rex routes as others have said. Secondly they dont have the capital to buy a single aircraft, let alone a whole fleet. The Queensland base was meant to get a new leased aircraft to commence ops in July, now arriving in October, read into that what you will…._

As for the Syd-cbr tag flight, it’s not doable while the Adelaide-Melbourne flights exist, the ones where QR “forgot” to open up seats for sale ex Adelaide to Doha when services commenced…..
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Old 17th Sep 2023, 03:03
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Originally Posted by Deano969
ZL is both cheaper and has more growth potential domestically and a larger potential ROI
Can you explain the last bit, how do they get a larger ROI vs Virgin?
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Old 17th Sep 2023, 03:38
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Originally Posted by PoppaJo
Can you explain the last bit, how do they get a larger ROI vs Virgin?
Buying a stake in REX understandably would be a much smaller upfront cost for starters
They you weigh that up against a VA investment where Bain has been running the show for a few years to dazzle a potential investor with amazing figures, in other words VA will be as good as it gets for an investor

ZL on the other hand is a somewhat fledgling jet operator with untapped potential
Grow the fleet
Add new routes
Advertise
Add FFPs
Add better lounges
Chase corporate
Etc

A bit of investment for a potentially large return and the addition of widebodies for Europe the US and Asia if ZL remains over 50% Australian owned
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Old 17th Sep 2023, 03:57
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Originally Posted by Deano969
ZL on the other hand is a somewhat fledgling jet operator with untapped potential
Grow the fleet
Add new routes
Advertise
Add FFPs
Add better lounges
Chase corporate
Etc
So do what Virgin did.

Invest, Go Broke, Equity Buyout, Go Broke, Next Equity…

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Old 17th Sep 2023, 04:04
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Originally Posted by Deano969
Buying a stake in REX understandably would be a much smaller upfront cost for starters
They you weigh that up against a VA investment where Bain has been running the show for a few years to dazzle a potential investor with amazing figures, in other words VA will be as good as it gets for an investor

ZL on the other hand is a somewhat fledgling jet operator with untapped potential
Grow the fleet
Add new routes
Advertise
Add FFPs
Add better lounges
Chase corporate
Etc

A bit of investment for a potentially large return and the addition of widebodies for Europe the US and Asia if ZL remains over 50% Australian owned
where is PAG's ROI?
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Old 17th Sep 2023, 04:23
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Originally Posted by Deano969
They won't be getting ATRs...
They won't be getting new birds
The Q400s will help standardise the fleet and REX will only buy 10-20 year old frames

Make no mistake ZL and VA are both in talks with QR, but QR still believe they will get extra flights and the SYD-CBR tag is still a viable option
That said VA is the preferred option although ZL is both cheaper and has more growth potential domestically and a larger potential ROI
A 10-20 year old Q400 is worth the same as a new ATR, thats the problem. They are a lot more expensive new than the respective new ATR. You are paying for a thouroughbred vs a school pony. That is why ATR kicked its ass in sales, as they made its nag way cheaper to buy and operate. I don't like ATR at all personally, but you can't argue with its operating economics. The SAAB 2000 died a similar death as it worked out cheaper to buy an ERJ/CRJ and wear the extra fuel burn.

The Q400 only worked at QLink because QF group used its power to buy a bunch of them, and then probably helped with other costs along the way. They then get full loads from on carriage and the QF groups marketing pull.
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Old 17th Sep 2023, 04:43
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Originally Posted by Ladloy
where is PAG's ROI?
Same place as QFs dividend
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Old 17th Sep 2023, 04:52
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Originally Posted by Deano969
A bit of investment for a potentially large return and the addition of widebodies for Europe the US and Asia if ZL remains over 50% Australian owned
At a pinch one could see Virgin operating a heavy twin to Doha for its potential investor, we have seen Virgin operating to Abu Dhabi and Kuala Lumpur on behalf of Etihad in the past. That is a multi year job to get that up and running, market dynamics are much unknown in a few years, all sounds a bit risky. That would also be post a float, which is years away.

Rex operating a 777 to Europe. Fantasy. I assume you are pulling our leg?
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Old 17th Sep 2023, 05:14
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Originally Posted by PoppaJo
Rex operating a 777 to Europe. Fantasy. I assume you are pulling our leg?
He’s pulling something, but I don’t think it’s our leg.

Deano969, life’s laughable optimist.
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Old 17th Sep 2023, 05:23
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Originally Posted by Deano969
Buying a stake in REX understandably would be a much smaller upfront cost for starters
They you weigh that up against a VA investment where Bain has been running the show for a few years to dazzle a potential investor with amazing figures, in other words VA will be as good as it gets for an investor

ZL on the other hand is a somewhat fledgling jet operator with untapped potential
Grow the fleet
Add new routes
Advertise
Add FFPs
Add better lounges
Chase corporate
Etc

A bit of investment for a potentially large return and the addition of widebodies for Europe the US and Asia if ZL remains over 50% Australian owned
Hang on, are you saying Rex is more than 50% Aussie owned now? Or is Singapore a state of Australia?
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Old 17th Sep 2023, 06:25
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Originally Posted by 43Inches
Hang on, are you saying Rex is more than 50% Aussie owned now? Or is Singapore a state of Australia?
Once all the cash has been taken from PAG, it will be Hong Kong owned.
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