Australia, New Zealand & the Pacific Airline and RPT Rumours & News in Australia, enZed and the Pacific

rex Celebrating 20 Years

Old 12th Feb 2023, 06:37
  #421 (permalink)  
 
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When do the unaudited, unverified, before tax, before this and that, weekly results start coming out? How much profit did Rex make yesterday? More to the point, who actually cares and why are they even bothering.

I assume they are trying to ramp up some publicity to raise some heads in the PE world? Doesn't the chair want to retire soon? Can someone please come in and buy us out thanks comes to mind.
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Old 12th Feb 2023, 07:15
  #422 (permalink)  
 
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Originally Posted by TimmyTee
Given both the way he provides Rex updates moments after they occur, and the eerily similar tone of language and emotive reactions both he and Rex pump out, one can only presume Deano969 is at least contributing to, if not outright writing, these REX share market updates
Guess I must be on the board
Probably at 777 Partners as well because I comment positively about AB

REX was roundly berated on here when they dared to want to take it to QF/JQ and VA, yes on the back of VA doing an AN, but had to adapt when Bain saved the VA brand
Regular quotes like "they are flying around with single digit loads" and "jet ops last 12 months"
Who gives a toss if they post monthly updates, even if not 100% accurate, it's a guide to how they are doing
If REX find new metal in the short to medium term then that's great for everyone as they seem to be doing a good job for their customers, but do need more frequency and to be able to cover more routes

They are also providing another option for 737 crew and for those that fly props, now they at least have a path in house to jets which could stifle QFs poaching practises

Moving forward
Aside form more 738s, I think it's getting to the point that REX looks to use the Cobham purchase to rethink it's regional fleet
The one size fits all 340s needs to be rethought
Perhaps 10 or so E175s to mix in with their 6 E190s to provide fleet commonality and adding a 6 business class to give a point of difference over QLink and perhaps looking for something around the 19 seat mark for their thinner routes, maybe even the Cessna SkyCourier or N219
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Old 12th Feb 2023, 07:51
  #423 (permalink)  
 
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Yeah that sounds like a good game Timmy Tee, let's all hang shit on Deano for showing positivity, and for being up for new entrants in the aviation scene. How dare he. He should be a gloomy old negative doomer like you and Papa Joe and Mr app. And spare me the rhetoric about all the bullsjit Rex execs pinch to the media and the ASX. If you know anything about share price movement of a publicly listed company you'd get it.
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Old 12th Feb 2023, 08:19
  #424 (permalink)  
 
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Perhaps 10 or so E175s to mix in with their 6 E190s to provide fleet commonality and adding a 6 business class to give a point of difference over QLink
​​​​​​​A point of difference to the QantasLink E190s with business class seats?
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Old 12th Feb 2023, 08:35
  #425 (permalink)  
 
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Originally Posted by Mr_App
When do the unaudited, unverified, before tax, before this and that, weekly results start coming out? How much profit did Rex make yesterday? More to the point, who actually cares and why are they even bothering.

I assume they are trying to ramp up some publicity to raise some heads in the PE world? Doesn't the chair want to retire soon? Can someone please come in and buy us out thanks comes to mind.
And so when the monthly PR pieces (I mean ASX updates) stop, is it fair to assume they are then losing money and are unprofitable?
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Old 12th Feb 2023, 16:16
  #426 (permalink)  
 
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Originally Posted by Icarus2001
A point of difference to the QantasLink E190s with business class seats?
As far as I know QF are not using E190s on regional routes such as
Albury, Wagga, Dubbo, Port Maq, Coffs etc
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Old 13th Feb 2023, 23:00
  #427 (permalink)  
 
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Two more 737s on the way.
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Old 14th Feb 2023, 01:18
  #428 (permalink)  
 
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I love their constant updates. Their wording is hilarious. Like the high school temp is putting them together.

“The travelling public has been crying out for our reliable, affordable services and these new additions will help to alleviate the situation.
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Old 14th Feb 2023, 03:32
  #429 (permalink)  
 
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No way that’s in the official release..
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Old 14th Feb 2023, 03:48
  #430 (permalink)  
 
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Yes way! Anyway good luck to them crewing it. Even the major except QF are struggling, VA needing triple digit numbers. Last AFAP msg I read had the Rex 73 guys were not happy with the T&Cs, Rex lols like it will have to come to the party with the cash and more.
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Old 14th Feb 2023, 04:17
  #431 (permalink)  
 
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This might be the wrong thread ,but I ask anyway. Would anybody have the salary structure for the 73 both seats ? Thanks
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Old 14th Feb 2023, 06:12
  #432 (permalink)  
 
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Have they upgraded any Saab crew as of yet?
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Old 14th Feb 2023, 06:13
  #433 (permalink)  
 
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Originally Posted by volare_737
This might be the wrong thread ,but I ask anyway. Would anybody have the salary structure for the 73 both seats ? Thanks
The award currently
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Old 14th Feb 2023, 06:14
  #434 (permalink)  
 
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Originally Posted by PoppaJo
Have they upgraded any Saab crew as of yet?
There was an expressions of interest last year but ever since 40 odd saab crew left within a month, they can't afford to move them across.
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Old 14th Feb 2023, 06:34
  #435 (permalink)  
 
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Originally Posted by PoppaJo
Have they upgraded any Saab crew as of yet?
4 Saab captains.
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Old 14th Feb 2023, 07:04
  #436 (permalink)  
 
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Originally Posted by transition_alt
4 Saab captains.
All senior trainers and checkers.
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Old 14th Feb 2023, 23:39
  #437 (permalink)  
 
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Originally Posted by Ladloy
All senior trainers and checkers.
Only 1 was a check and training captain. The others weren’t even training captains.
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Old 14th Feb 2023, 23:43
  #438 (permalink)  
 
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The ones I know of were not even the most senior as there's a few SAAB drivers not interested in the move, so a few down the chain got a chance.
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Old 14th Feb 2023, 23:47
  #439 (permalink)  
 
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2 ex SQ 738s on the way mid year
Any bets on SYD-ADL-PER?
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Old 15th Feb 2023, 00:50
  #440 (permalink)  
 
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So they’re investing in old metal, not sure where they’re putting them and live in a fantasy land where they think ppl are screaming for them.
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