NSW gov to invest in Rex
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NSW gov to invest in Rex
So many fingers. So many pies.
New South Wales government has provided regional airline Rex with a multimillion-dollar investment to grow its business throughout the state.
The move is part of the $250 million Jobs Plus Program, offering companies support to expand their footprint.
The investment will go towards a new simulator at Mascot in Sydney, which will become a training facility for new staff and a new aircraft hangar.
New South Wales government has provided regional airline Rex with a multimillion-dollar investment to grow its business throughout the state.
The move is part of the $250 million Jobs Plus Program, offering companies support to expand their footprint.
The investment will go towards a new simulator at Mascot in Sydney, which will become a training facility for new staff and a new aircraft hangar.
Meanwhile they're crying poor offering next to nothing for the Saab EBA, Nifty got a tidy 18% increase last year, Chris Hine 25%. It pays to be in the pocket of the LNP. A bunch of jokers.
Well arguably, because Rex made the decision to start up mid pandemic, and said there’s never been a better time to start.
Why would such a company need a multi-mill taxpayer funded top-up so soon?
Why would such a company need a multi-mill taxpayer funded top-up so soon?
2500 new jobs by 2024? How is that even possible? This is all just dribble and lies.
I read this as a bailout.
I read this as a bailout.
DP has really lost the plot. Why would Rex build a simulator for their Boeing op for only 6 aircraft. Exactly how much of the 250 million is Rex getting? When is the state elections all so. Tired of these governments pi$$ing my money up the wall.
Perhaps they plan to lease the sim out to others to generate revenue?
So Rex is late to the party again?
They started the 737 operation thinking that Virgin was going to collapse. Then Bain purchase Virgin and bring it out of Administration.
They’ve now proposed building a sim centre - 2 weeks after Bain announce the purchase of Ansett Aviation Training.
And this claim by Rex that this investment will lead to 1300 direct and 1200 indirect jobs - what a complete nonsense.
NSW at least has an ICAC…
They started the 737 operation thinking that Virgin was going to collapse. Then Bain purchase Virgin and bring it out of Administration.
They’ve now proposed building a sim centre - 2 weeks after Bain announce the purchase of Ansett Aviation Training.
And this claim by Rex that this investment will lead to 1300 direct and 1200 indirect jobs - what a complete nonsense.
NSW at least has an ICAC…
Rex's 2021 Workplace Gender Equality Agency filing showed a total of 1,253 employees which appears to gel with their annual salaries and employee-related costs line of around $108 million.
Does anyone think that Rex is going to more than double its workforce in the next two years?!
Last edited by MickG0105; 5th Feb 2022 at 23:49. Reason: Typo
The move is part of the $250 million Jobs Plus Program, offering companies support to expand their footprint.
https://www.nsw.gov.au/projects/jobs-plus-program
Qantas achieved this deal last year, which was specific to QF and no one else has access to, at least $50mil over 4 years just to keep the HQ in Sydney.
https://www.smh.com.au/national/nsw-...07-p57yv7.html
History has shown that whatever Rex gets is pale in comparison to the money pumped from taxpayers into QF on a yearly basis, mostly behind the scenes without us knowing.
Last edited by 43Inches; 6th Feb 2022 at 01:06.
I'm not sure how many overseas 737 operators will come flocking to Sydney to make that sim a going concern? I wouldn't have thought they'll get too much business from local 73 operators. Sounds Ike a complete waste of NSW taxpayers money to prop up another pie in the sky operation
People need to actually read the press release, this isn’t about a 737 sim….
Rex to bring Space Shuttle sim to Australia
Rex Media Release
….for years we’ve attempted to emulate the space shuttle experience on our pilots with only two Saab simulators in Melbourne and Wagga.
We’re very excited to announce that Rex, with assistance from the NSW government have procured a NASA shuttle simulator.
As our check captains are all already endorsed on re entry procedures, we expect our Saab pilots to begin training on the new space shuttle simulator by the end of the year.
Rex to bring Space Shuttle sim to Australia
Rex Media Release
….for years we’ve attempted to emulate the space shuttle experience on our pilots with only two Saab simulators in Melbourne and Wagga.
We’re very excited to announce that Rex, with assistance from the NSW government have procured a NASA shuttle simulator.
As our check captains are all already endorsed on re entry procedures, we expect our Saab pilots to begin training on the new space shuttle simulator by the end of the year.
The managers don’t lose their jobs, only the poor suckers who are now without a job again because of an ill thought out venture.
So many fingers. So many pies.
New South Wales government has provided regional airline Rex with a multimillion-dollar investment to grow its business throughout the state.
The move is part of the $250 million Jobs Plus Program, offering companies support to expand their footprint.
The investment will go towards a new simulator at Mascot in Sydney, which will become a training facility for new staff and a new aircraft hangar.
New South Wales government has provided regional airline Rex with a multimillion-dollar investment to grow its business throughout the state.
The move is part of the $250 million Jobs Plus Program, offering companies support to expand their footprint.
The investment will go towards a new simulator at Mascot in Sydney, which will become a training facility for new staff and a new aircraft hangar.