REX to transition to ATRs, start domestic jet ops
However do note they have cancelled and combined half the flights on the route at the moment. I don’t think that is an issue unique to Rex either at the moment. Looks like Rex has pulled ML-SY down to twice a day from this week, most other routes only one a day.
The software shows Virgin is pretty busy however.
Last edited by PoppaJo; 4th Jan 2022 at 07:34.
737 operation is basically in hibernation mode for the moment. Tomorrow eg only 8 flights. I don’t see demand improving at all until April. Next few months will be very quiet.
Come back at Easter. Only really a two airline market at the moment, if that.
Come back at Easter. Only really a two airline market at the moment, if that.
737 operation is basically in hibernation mode for the moment. Tomorrow eg only 8 flights. I don’t see demand improving at all until April. Next few months will be very quiet.
Obviously with the ongoing Covid situation that isn’t happening so the question has to be how much is this costing Rex and how much longer can they continue to prop up an unviable business model?
Have Rex renegotiated lease rates? All airlines are hurting and bleeding cash, what are Rex doing to minimise this?
Or are they by some miracle actually making enough money to see them through despite indications otherwise?
Rex share price dives a massive 33% last year while Qantas edges higher
It is interesting to note that the Rex share price dropped 33% last year while Qantas edged a few percent higher…
It is interesting to note that the Rex share price dropped 33% last year while Qantas edged a few percent higher…
Rex share price dives a massive 33% last year while Qantas edges higher
It is interesting to note that the Rex share price dropped 33% last year while Qantas edged a few percent higher…
It is interesting to note that the Rex share price dropped 33% last year while Qantas edged a few percent higher…
Interestingly or otherwise, if you look at the comparative performance of the two shares starting from when Rex first listed back in 2005, there's not much between the two with Rex up by about 30 percent over those 16 years and Qantas up by around 24 percent over the same period.
Rex share price dives a massive 33% last year while Qantas edges higher
It is interesting to note that the Rex share price dropped 33% last year while Qantas edged a few percent higher…
It is interesting to note that the Rex share price dropped 33% last year while Qantas edged a few percent higher…
Is the REXJET operation going to survive………probably not (IMHO)
Is it going to drags down the turboprop side………hopefully not
Will VA buy out a distressed REX in a year or two………who %#&$ knows!!!
BUT, having seen the redundancies and rejoin ‘angst’ at VA, I hope any ‘rusted on’ drivers at REX who may have jumped to the jet have a ‘plan B’. If the jets go, anyone associated with them will go as well, as we saw at VA, and that included people who were here from the beginning!!!! Not saying it would come to this but if I was at REX I would be thinking about my long term future rather than short term ‘shiny jet’ time, unless of course you’re a youngster and planning on leaving any way….
Is it going to drags down the turboprop side………hopefully not
Will VA buy out a distressed REX in a year or two………who %#&$ knows!!!
BUT, having seen the redundancies and rejoin ‘angst’ at VA, I hope any ‘rusted on’ drivers at REX who may have jumped to the jet have a ‘plan B’. If the jets go, anyone associated with them will go as well, as we saw at VA, and that included people who were here from the beginning!!!! Not saying it would come to this but if I was at REX I would be thinking about my long term future rather than short term ‘shiny jet’ time, unless of course you’re a youngster and planning on leaving any way….
Last edited by No Idea Either; 18th Jan 2022 at 10:35. Reason: Tidying it up
Is the REXJET operation going to survive………probably not (IMHO)
Is it going to drags down the turboprop side………hopefully not
Will VA buy out a distressed REX in a year or two………who %#&$ knows!!!
BUT, having seen the redundancies and rejoin ‘angst’ at VA, I hope any ‘rusted on’ drivers at REX who may have jumped to
the jet have a ‘plan B’. If the jets go, anyone associated with them will go as well, as we saw at VA, and that included people who were 5here from the beginning!!!! Not saying it would come to this but if I was at REX I would be thinking about my long term future rather than short term ‘shiny jet’ time, unless of course you’re a youngster and planning on leaving any way….
Is it going to drags down the turboprop side………hopefully not
Will VA buy out a distressed REX in a year or two………who %#&$ knows!!!
BUT, having seen the redundancies and rejoin ‘angst’ at VA, I hope any ‘rusted on’ drivers at REX who may have jumped to
the jet have a ‘plan B’. If the jets go, anyone associated with them will go as well, as we saw at VA, and that included people who were 5here from the beginning!!!! Not saying it would come to this but if I was at REX I would be thinking about my long term future rather than short term ‘shiny jet’ time, unless of course you’re a youngster and planning on leaving any way….
I would be very surprised if VA were interested in acquiring REX. Bain seem very disciplined in delivering on their strategy and there is no indication that regional ops (outside FIFO) play a part in this. Were they to eventually throw a lifeline, it wouldn't be before the jet operation is put out of its misery.
You can’t buy RexJet because there is nothing to buy. Jets are leased, Sydney slots are International borrowed, passenger base is non existent. What exactly are you buying? The employees and Jets you can hire and lease without the need to buy the airline. You just wait for it to fall over. We all know who the leasing company will be approaching basically immediately when it falls over. The passengers won’t be crying on employees shoulders because there is none. The only losers here are the front line employees.
All people want is a cheap fare. That market is covered with Jetstar. They don’t want country hospitality.
All people want is a cheap fare. That market is covered with Jetstar. They don’t want country hospitality.
Yeah, made a bit of a mistake asking about REX bashers, I was hoping that people would note that they are still going , I was hoping to get some positive post , but there you go