REX to transition to ATRs, start domestic jet ops
Do Rex have any interest in the ex? Virgin ATRs. 4 of, parked up at YMBA out in the weather for nearly a year now.
Plenty of mynah birds taking an interest, and the mud wasps no doubt.
Plenty of mynah birds taking an interest, and the mud wasps no doubt.
I noticed one recently heading north from Cairns sounded like a Euro accent at the controls. Perhaps they have already gone.
https://flightaware.com/live/flight/VHFVU
189 days ago. "There’s never been a better time to expand into the domestic market."
Rex deputy chairman John Sharp has revealed lockdowns and border closures have shut down 80 per cent of the airline’s business.
In an interview with US news channel CNBC, Sharp also became the first major Australian airline chief to publicly call for the government to provide more assistance.
“If we don’t do something for airlines, there won’t be too many left at the end of this,” Sharp said.
It’s hit us really hard,” said Sharp on Tuesday. “It’s devastating to see the impact. It’s really knocked out the vast majority of our business.
“We’ll lose revenue and we’ll have people we’ll have to pay people who we can’t generate income from. We’re back to where we were at the beginning of the COVID pandemic.
“Unless government are prepared to assist business, a lot of business will close. If this NSW lockdown continues for any length of time, it’s been suggested it could be for up to six weeks, government assistance will be needed.
In an interview with US news channel CNBC, Sharp also became the first major Australian airline chief to publicly call for the government to provide more assistance.
“If we don’t do something for airlines, there won’t be too many left at the end of this,” Sharp said.
It’s hit us really hard,” said Sharp on Tuesday. “It’s devastating to see the impact. It’s really knocked out the vast majority of our business.
“We’ll lose revenue and we’ll have people we’ll have to pay people who we can’t generate income from. We’re back to where we were at the beginning of the COVID pandemic.
“Unless government are prepared to assist business, a lot of business will close. If this NSW lockdown continues for any length of time, it’s been suggested it could be for up to six weeks, government assistance will be needed.
How is that any different to a successful regional airline who has made consistent profits using proven methods and equipment throwing the dice on a massive gamble and losing but now howling unfair because they’re not getting government assistance?
I feel for the poor Saab crews who have been thrown under the bus for the sake of ego driven fantasies.
If Rex had sailed the ship steady and kept to their core business I have no doubt they’d be in a much better position than now and probably more profitable still than most other airlines in Australia.
But with all this fancy new and expensive to maintain gym equipment they’re bleeding like no tomorrow and can’t see a way out?
Don’t worry, Rex is not the only company bleeding. QF, JQ and VA are up sh!t creek without a paddle. Always seems one major city is closed at any given time. ML then it opens SY closes.
It’ll all be OK.....REX can just draw down on the PAG cash, apparently they have plenty to invest.........😒😒
But, dare I say it, BAIN also said they had plenty of cash to weather the storm as well..........🥺🥺
But, dare I say it, BAIN also said they had plenty of cash to weather the storm as well..........🥺🥺
It’s like a gym franchise had decided to branch out and open a dozen more venues in Sydney with the latest and greatest equipment 18 months ago saying “it’s never been a better time to expand in the fitness industry”... and then now come out crying rivers about how much their business is hurting from COVID and lockdowns....
How is that any different to a successful regional airline who has made consistent profits using proven methods and equipment throwing the dice on a massive gamble and losing but now howling unfair because they’re not getting government assistance?
I feel for the poor Saab crews who have been thrown under the bus for the sake of ego driven fantasies.
If Rex had sailed the ship steady and kept to their core business I have no doubt they’d be in a much better position than now and probably more profitable still than most other airlines in Australia.
But with all this fancy new and expensive to maintain gym equipment they’re bleeding like no tomorrow and can’t see a way out?
How is that any different to a successful regional airline who has made consistent profits using proven methods and equipment throwing the dice on a massive gamble and losing but now howling unfair because they’re not getting government assistance?
I feel for the poor Saab crews who have been thrown under the bus for the sake of ego driven fantasies.
If Rex had sailed the ship steady and kept to their core business I have no doubt they’d be in a much better position than now and probably more profitable still than most other airlines in Australia.
But with all this fancy new and expensive to maintain gym equipment they’re bleeding like no tomorrow and can’t see a way out?
Given the NSW regional network is the vast majority of Rex's Australia wide operation, I fail to see how 80% is the jet operation like a few of you are suggesting. No, Rex cannot draw down on the PAG cash for the turboprop operation. Besides, the jets don't need support. There's still over $100 million readily available to Rex for 737 purposes ONLY.
This lockdown is affecting the Saab pilots the most. The 737 is still operating, and so are the crew, albeit the Gold Coast / Melbourne route ex Sydney is reduced. In fact, the Saab NSW network consists over 1/3 of the total Rex pilot base (currently. Should be more) and close to 70% of total flights in pre-COVID times.
What is often forgotten about, both internally and by everyone in this thread, is the turboprop pilots. Those guys/girls are the ones supporting the business and have done so throughout COVID. Now they're also fighting to get money owed to them by Rex from 2018 and onwards while worried about whether they'll be stood down without pay again. Rex 737 pilots have been on full pay from the beginning, even for months whilst JobKeeper was being paid to the Saab pilots.
This lockdown is affecting the Saab pilots the most. The 737 is still operating, and so are the crew, albeit the Gold Coast / Melbourne route ex Sydney is reduced. In fact, the Saab NSW network consists over 1/3 of the total Rex pilot base (currently. Should be more) and close to 70% of total flights in pre-COVID times.
What is often forgotten about, both internally and by everyone in this thread, is the turboprop pilots. Those guys/girls are the ones supporting the business and have done so throughout COVID. Now they're also fighting to get money owed to them by Rex from 2018 and onwards while worried about whether they'll be stood down without pay again. Rex 737 pilots have been on full pay from the beginning, even for months whilst JobKeeper was being paid to the Saab pilots.
Don’t worry, Rex is not the only company bleeding. QF, JQ and VA are up sh!t creek without a paddle. Always seems one major city is closed at any given time. ML then it opens SY closes.
Given the NSW regional network is the vast majority of Rex's Australia wide operation, I fail to see how 80% is the jet operation like a few of you are suggesting.
Don’t forget that Rex also run Air Ambulance contracts and significant mining charter with Pelair.
All once again showing the utter hypocrisy and nonsense when Rex jump and down crying poor because their Jet operation isn’t succeeding like they thought it would.
Absolutely right about the Saab crews though, they’ve been the backbone and reason for the success of the airline yet are now being left to hang. Great to see the company looking out for their most loyal staff 🙄