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

rex Celebrating 20 Years

Old 10th Aug 2022, 06:49
  #81 (permalink)  
 
Join Date: Jun 2011
Location: The World
Posts: 1,980
Received 47 Likes on 31 Posts
Originally Posted by MickG0105 View Post
And let's not forget that no-one put a gun to their head. Their foray into jets was at the time of their choosing. I seem to recall someone from Rex telling anyone who'd listen that 'there has never been a better time to launch into the domestic aviation market in Australia.'
For Sharp it was probably true - at that time his mates were in government and handing out money to him to start a domestic jet operation at a time when the current two operators were at 10% loads. So when heís getting taxpayer money for nothing in return his statement was literally true - there has never been such a good time to launch in the domestic market as there was then.
dr dre is offline  
Old 10th Aug 2022, 07:14
  #82 (permalink)  
 
Join Date: Nov 2016
Location: Sunny Coast
Posts: 272
Received 5 Likes on 5 Posts
Originally Posted by MickG0105 View Post
What a load of nonsense. Do you think this stuff up yourself?
https://www.smh.com.au/national/virg...10-gdgwpa.html

Can't find much other proof
But if VA closed, who would they interline with QF?

As I said, that would have left QF/Link with a sizable over REX, so yes, they had no choice
Deano969 is online now  
Old 10th Aug 2022, 11:50
  #83 (permalink)  
 
Join Date: May 2016
Location: Sunshine Coast
Posts: 854
Received 26 Likes on 12 Posts
Originally Posted by Deano969 View Post
https://www.smh.com.au/national/virg...10-gdgwpa.html

Can't find much other proof
But if VA closed, who would they interline with QF?

As I said, that would have left QF/Link with a sizable over REX, so yes, they had no choice
It's difficult to say whether that is the most stupid thing you've written because, well, the competition is torrid. Just think about what you're trying to argue here - you're saying that Rex had no choice but to get into domestic jet operations because if VA folded then they would have to interline with QF. Leaving aside the fact that at no point did VA cease flying during the administration, and there were no shortage of suitors for VA, just how big do you think Rex's interline sales with Virgin were anyway, to the extent that any agreement was even in place subsequent to VARA coming into being. It's just complete and utter piffle what you're suggesting. Rex made zero mention of anything even vaguely along those lines when it outlined its case for getting into jets.

Separately, Rex managed 43.1 percent loads today between Sydney and Melbourne; 55.6 percent across the jet network for the day.
MickG0105 is online now  
Old 10th Aug 2022, 17:33
  #84 (permalink)  
 
Join Date: Nov 2016
Location: Sunny Coast
Posts: 272
Received 5 Likes on 5 Posts
Originally Posted by MickG0105 View Post
It's difficult to say whether that is the most stupid thing you've written because, well, the competition is torrid. Just think about what you're trying to argue here - you're saying that Rex had no choice but to get into domestic jet operations because if VA folded then they would have to interline with QF. Leaving aside the fact that at no point did VA cease flying during the administration, and there were no shortage of suitors for VA, just how big do you think Rex's interline sales with Virgin were anyway, to the extent that any agreement was even in place subsequent to VARA coming into being. It's just complete and utter piffle what you're suggesting. Rex made zero mention of anything even vaguely along those lines when it outlined its case for getting into jets.

Separately, Rex managed 43.1 percent loads today between Sydney and Melbourne; 55.6 percent across the jet network for the day.
So Mick, are you saying that at no time was there any chance of VA shutting down?
That is totally incorrect at one point it was 50/50
I never said that the reason REX got into jet ops because of potentially losing VA's interline, as I said earlier, they thought VA was gonski, but the interline thing was also a factor and let me tell you, jet ops were on the table way before 2020...
Deano969 is online now  
Old 11th Aug 2022, 03:56
  #85 (permalink)  
 
Join Date: Nov 2016
Location: Sunny Coast
Posts: 272
Received 5 Likes on 5 Posts
Thumbs up

Originally Posted by MickG0105 View Post

Separately, Rex managed 43.1 percent loads today between Sydney and Melbourne; 55.6 percent across the jet network for the day.
Let's have a look at today down back only
658 MEL OOL 153
437 MEL ADL 95
489 MEL ADL 100
202 MEL BNE 108
258 MEL BNE 135
540 SYD OOL 146
616 MEL CBR 80
328 SYD BNE 123
348 SYD BNE 142
384 SYD BNE 98
018 MEL SYD 51
042 MEL SYD 104
102 MEL SYD 122
152 MEL SYD 93
182 MEL SYD 91
Average 109.4 plus whatever up front
65% plus business
61% MEL SYD
Add to this 15 return sectors so fleet utilisation is reasonably high

70% break even ?
Not far away
Even REX are saying early 2023 to break even....

I hope they have plenty more frames on order as both QF/JQ and VA struggle with on time performance and no guarantee you check in luggage arrives at your destination
As for slots at SYD, no worries there as QF/JQ and VA cut back flights as REX expands, there will be plenty available
The people are getting a taste of REX and are liking what they see and rebooking
Deano969 is online now  
Old 11th Aug 2022, 04:36
  #86 (permalink)  
 
Join Date: Jul 2018
Location: Sydney
Posts: 508
Likes: 0
Received 11 Likes on 4 Posts
Originally Posted by Deano969 View Post
Let's have a look at today down back only
658 MEL OOL 153
437 MEL ADL 95
489 MEL ADL 100
202 MEL BNE 108
258 MEL BNE 135
540 SYD OOL 146
616 MEL CBR 80
328 SYD BNE 123
348 SYD BNE 142
384 SYD BNE 98
018 MEL SYD 51
042 MEL SYD 104
102 MEL SYD 122
152 MEL SYD 93
182 MEL SYD 91
Average 109.4 plus whatever up front
65% plus business
61% MEL SYD
Add to this 15 return sectors so fleet utilisation is reasonably high

70% break even ?
Not far away
Even REX are saying early 2023 to break even....

I hope they have plenty more frames on order as both QF/JQ and VA struggle with on time performance and no guarantee you check in luggage arrives at your destination
As for slots at SYD, no worries there as QF/JQ and VA cut back flights as REX expands, there will be plenty available
The people are getting a taste of REX and are liking what they see and rebooking
well they better start paying their pilots above award because it's all good having airframes but it makes no difference if you can't crew them.
Ladloy is offline  
Old 11th Aug 2022, 04:37
  #87 (permalink)  
 
Join Date: Jun 2001
Location: Jungle
Posts: 601
Received 3 Likes on 3 Posts
Originally Posted by Deano969 View Post
Let's have a look at today down back only
658 MEL OOL 153
437 MEL ADL 95
489 MEL ADL 100
202 MEL BNE 108
258 MEL BNE 135
540 SYD OOL 146
616 MEL CBR 80
328 SYD BNE 123
348 SYD BNE 142
384 SYD BNE 98
018 MEL SYD 51
042 MEL SYD 104
102 MEL SYD 122
152 MEL SYD 93
182 MEL SYD 91
Average 109.4 plus whatever up front
65% plus business
61% MEL SYD
Add to this 15 return sectors so fleet utilisation is reasonably high

70% break even ?
Not far away
Even REX are saying early 2023 to break even....

I hope they have plenty more frames on order as both QF/JQ and VA struggle with on time performance and no guarantee you check in luggage arrives at your destination
As for slots at SYD, no worries there as QF/JQ and VA cut back flights as REX expands, there will be plenty available
The people are getting a taste of REX and are liking what they see and rebooking
I can only see that trend continuing with time as long as Jetstar continues to piss people off.
smiling monkey is online now  
Old 11th Aug 2022, 07:41
  #88 (permalink)  
 
Join Date: Feb 2012
Location: BBN
Posts: 899
Received 12 Likes on 8 Posts
Haha, you have not been around much in 20yrs then to make that comment about JQ. JQ loads still strong every sector I operate nothing under 170, today to ML not a seat to spare. I’ve mentioned before It’s easy not to loose a bag and have good OTP when you only have 6 frames. If Rex had 60 737s they would be no better than the current 3. Maybe Rex increase of late is just because ppl can’t get a seat on the other 3 and Rex are sloppy 4ths. Still, time will tell I don’t see them getting last 10-12 frames. Tiger mach2.0.
SHVC is online now  
Old 11th Aug 2022, 07:56
  #89 (permalink)  
 
Join Date: Jun 2001
Location: Jungle
Posts: 601
Received 3 Likes on 3 Posts
20 years of pissing people off .. let's wait and see how much people will continue to stomach that .. hahaha
smiling monkey is online now  
Old 11th Aug 2022, 08:08
  #90 (permalink)  
 
Join Date: Feb 2012
Location: BBN
Posts: 899
Received 12 Likes on 8 Posts
Quick look at Rex social media, seems they have a lot of pi$$ed off people also lost bags, late all the same gripes as the other 3. Sure ppl will stomach that for another 20 of Rex?!. At least the other 3 don’t delete comments made on their social media un like Rex does.
SHVC is online now  
Old 11th Aug 2022, 08:15
  #91 (permalink)  
 
Join Date: Jun 2001
Location: Boldly going where no split infinitive has gone before..
Posts: 4,719
Likes: 0
Received 29 Likes on 10 Posts
Originally Posted by Ladloy View Post
well they better start paying their pilots above award because it's all good having airframes but it makes no difference if you can't crew them.
They are. The new EBA is pretty good.
Wizofoz is offline  
Old 11th Aug 2022, 09:13
  #92 (permalink)  
 
Join Date: Feb 2018
Location: Brisbane
Posts: 315
Likes: 0
Received 5 Likes on 4 Posts
Originally Posted by Wizofoz View Post
They are. The new EBA is pretty good.
are you talking about the 737 ops eba? Whatís the base salary for a cpt/fo?
TimmyTee is online now  
Old 11th Aug 2022, 09:44
  #93 (permalink)  
 
Join Date: Jul 2018
Location: Sydney
Posts: 508
Likes: 0
Received 11 Likes on 4 Posts
Originally Posted by Wizofoz View Post
They are. The new EBA is pretty good.
there's no EBA ratified yet?
Ladloy is offline  
Old 11th Aug 2022, 10:20
  #94 (permalink)  
 
Join Date: Feb 2022
Location: AUS
Posts: 51
Received 0 Likes on 0 Posts
What's so good about it? Haven't seen really much detailed about what an FO would now be on etc.
Gunner747400 is offline  
Old 11th Aug 2022, 11:41
  #95 (permalink)  
 
Join Date: Jun 2001
Location: Boldly going where no split infinitive has gone before..
Posts: 4,719
Likes: 0
Received 29 Likes on 10 Posts
Originally Posted by Ladloy View Post
there's no EBA ratified yet?
Its imminent
Wizofoz is offline  
Old 11th Aug 2022, 12:54
  #96 (permalink)  
 
Join Date: May 2016
Location: Sunshine Coast
Posts: 854
Received 26 Likes on 12 Posts
Originally Posted by Deano969 View Post
Let's have a look at today down back only
658 MEL OOL 153
437 MEL ADL 95
489 MEL ADL 100
202 MEL BNE 108
258 MEL BNE 135
540 SYD OOL 146
616 MEL CBR 80
328 SYD BNE 123
348 SYD BNE 142
384 SYD BNE 98
018 MEL SYD 51
042 MEL SYD 104
102 MEL SYD 122
152 MEL SYD 93
182 MEL SYD 91
Average 109.4 plus whatever up front
65% plus business
61% MEL SYD
Add to this 15 return sectors so fleet utilisation is reasonably high

70% break even ?
Not far away
Even REX are saying early 2023 to break even....

I hope they have plenty more frames on order as both QF/JQ and VA struggle with on time performance and no guarantee you check in luggage arrives at your destination
As for slots at SYD, no worries there as QF/JQ and VA cut back flights as REX expands, there will be plenty available
The people are getting a taste of REX and are liking what they see and rebooking
You forgot ZL549 OOL-SYD with a grand total of 25 pax.

Today was the first day this week Rex managed to carry more than 1,000 pax on its 10 flights between Melbourne and Sydney for an aggregate LF of 59.8 percent. Even with that, SYD-MEL for the week so far is sitting at 47.8 percent LF, jet network is sitting at 55.2 percent.

MickG0105 is online now  
Old 11th Aug 2022, 13:27
  #97 (permalink)  
 
Join Date: Jan 2009
Location: Australia
Posts: 312
Received 12 Likes on 9 Posts
Theyíre doing well considering they do virtually no advertising, no frequent flyer scheme and you donít see them on the news everyday like the rat.
aussieflyboy is offline  
Old 11th Aug 2022, 17:21
  #98 (permalink)  
 
Join Date: Nov 2016
Location: Sunny Coast
Posts: 272
Received 5 Likes on 5 Posts
Originally Posted by MickG0105 View Post
You forgot ZL549 OOL-SYD with a grand total of 25 pax.

Today was the first day this week Rex managed to carry more than 1,000 pax on its 10 flights between Melbourne and Sydney for an aggregate LF of 59.8 percent. Even with that, SYD-MEL for the week so far is sitting at 47.8 percent LF, jet network is sitting at 55.2 percent.
OMG you found a flight with a poor load....

Fact is QF/JQ have thrown everything but the kitchen sink at REX
It's obvious they don't want a third carrier, just VA as a second which they can work with in the background
6 months since restart and loads between 55% and 60% is very encouraging for them and not to far off break even, if not already there at 60%
Deano969 is online now  
Old 11th Aug 2022, 20:30
  #99 (permalink)  
 
Join Date: May 2016
Location: Sunshine Coast
Posts: 854
Received 26 Likes on 12 Posts
Originally Posted by Deano969 View Post
OMG you found a flight with a poor load....
It wasn't difficult, it was there in the data. Neatly illustrates why looking at all the data over a reasonably representative timeframe is important.

Originally Posted by Deano969 View Post
Add to this 15 return sectors so fleet utilisation is reasonably high
Getting 30 flights a day of around 1.6 hours average block time from a 6 aircraft fleet is not "reasonably high" utilisation. It's about 20 percent below where it should be.

Originally Posted by Deano969 View Post
6 months since restart ...
6 months?! WTF are you talking about? The recovery in domestic aviation activity has been running largely unimpeded for over 12 months now. Activity has more than quadrupled over that period.

Originally Posted by Deano969 View Post
...70% break even ?
Originally Posted by Deano969 View Post
... not to far off break even, if not already there at 60%

Astounding that break even has shifted 10 points in the space of a couple of posts. Keep that up and soon Rex won't need any pax at all to be making money.

Last edited by MickG0105; 11th Aug 2022 at 22:19. Reason: Added point
MickG0105 is online now  
Old 12th Aug 2022, 01:14
  #100 (permalink)  
 
Join Date: Feb 2011
Location: Oz
Posts: 1,581
Received 52 Likes on 23 Posts
Originally Posted by Deano969 View Post
Fact is QF/JQ have thrown everything but the kitchen sink at REX
It's obvious they don't want a third carrier, just VA as a second which they can work with in the background
I really donít think they care. An operator who has no flights after 1230 on a Saturday from Tulla is hardly a threat. Thatís not even a competitor. One flight a day into the Gold Coast. I mean whatís the point.

The fact is, Rexí share will now start to head south as Jetstar adds 1 Neo a month, Virgin very soon also joining the once a month club.

Last edited by PoppaJo; 12th Aug 2022 at 04:36.
PoppaJo is offline  

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell or Share My Personal Information

Copyright © 2023 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.